Digital risk processing platform, Cytora, is to integrate location intelligence systems provider, Gamma Risk’s Perilfinder solution into its underwriting productivity tool.
Perilfinder is an address-level risk assessment and reporting solution that includes map visualisation, intuitive risk and accumulation scoring, and spatial catastrophe models.
Juan de Castro, COO at Cytora, said: “Incorporating Gamma Risk's Perilfinder into our platform is a significant milestone for Cytora. Perilfinder’s sophisticated risk assessment capabilities, including its intuitive scoring and detailed map visualisation, perfectly complement our mission to optimise underwriting workflows. This integration will enable insurers to perform more accurate risk evaluations and make better-informed decisions, thereby enhancing their competitive edge.”
Richard Garry, CCO at Gamma Risk, added: “As well as expanding the reach of the data we deliver through Perilfinder, this partnership with Cytora enables us to equip insurers with the tools they need to make more informed assessments. We pride ourselves on working on projects where technology can transform business operations and industry practices. Collaborating with a forward-thinking company like Cytora allows us to be at the forefront of industry advancements. Through Perilfinder, we aim to streamline processes, enhance service delivery, and enable growth.”
Cytora’s partnership with Gamma Risk follows a period of significant developments for Cytora, including a major collaboration with Chubb and large language models enhancements to its tools.
Image courtesy Gamma Risk
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