Underwriting firm Cytora has integrated with Autoaddress and its Address Capture into its underwriting productivity tool.

This collaboration between Cytora and Autoaddress brings fast and secure address capture capabilities that reduce friction and improve data quality. It also streamlines the underwriting process.

With over 20 years of experience, Autoaddress delivers accurate address and geolocation data, which integrated with the Cytora platform will enable substantial operational efficiency and lead to better risk assessment as well as swifter decision making for insurers.

Juan de Castro, COO at Cytora, said: “Integrating Autoaddress’ Address Capture into our platform marks the advancement in our mission to optimise underwriting workflows. This collaboration will allow our users to experience seamless address capture and data input, which are crucial for precise risk evaluation and improved customer experiences. We’re excited about the enhanced capabilities this brings to our underwriting productivity tool, reinforcing our commitment to delivering cutting-edge solutions to the insurance industry.”

Pat Donnelly, CEO at Autoaddress, added:” Cytora is the right integration partner for us, as both organisations strive to create smooth customer experiences while delivering a secure, scalable, business driven insurance solution. We look forward to working with the Cytora team and continuously offer a seamless address capture to complement their underwriting productivity tool.”

Last month, Cytora formed an alliance with e2Value, a provider of property valuation solutions. 

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The tie-up is aimed at delivering enhanced risk insights to commercial, agricultural and residential property insurance underwriters in the US. 

By incorporating e2Value’s property data into Cytora’s platform, underwriters will be able to access datapoints on US buildings, including age, height, occupancy type, use, number of floors and location. 

e2Value’s patented web-based system offers analysis of structural details and safety features, as well as local wages and amenities that influence property valuation.  

This data is crucial for insurers to estimate rebuild costs more accurately.