The underlying systems that commercial insurance is built on are broken.
Underwriting decisions are often made using incomplete and outdated information, and legacy systems make it difficult for insurers to automate processes. For insurers, the frictional cost of operating is too high, and the cost of change is even higher. These factors make it increasingly challenging to deliver products that meet customer demands.
Cytora uses artificial intelligence and machine learning to help insurers better understand and predict risk. Using our API-enabled Underwriting Platform, insurers can underwrite more accurately, reduce frictional costs, and deliver fairer prices to their customers.
By providing the underlying infrastructure to equip the industry for decades to come, Cytora is powering the future of commercial insurance.
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