Cytora Partners with Google Cloud Marketplace to Revolutionize AI Risk Digitization for Insurers

Cytora Partners with Google Cloud Marketplace to Revolutionize AI Risk Digitization for Insurers

Cytora, a leading AI-powered risk digitisation platform, has made significant strides by launching its services on the Google Cloud Marketplace. This move is designed to enhance accessibility for a wide range of users in the insurance industry, including insurers, managing general agents (MGAs), reinsurers, and brokers. By integrating with Google Cloud, Cytora aims to transform risk processing and improve operational efficiency across the sector.

Enhancing Accessibility for Insurers

The partnership between Cytora and Google Cloud Marketplace is set to revolutionize how insurers automate risk processing. The key benefits include:

  • Improved Operational Efficiency: Insurers can streamline their processes and reduce manual workloads.
  • Better Decision-Making: Enhanced control over risk submission data leads to more informed decisions.
  • Broader Audience Reach: Cytora can now connect with a wider range of clients seeking digital transformation solutions.

Features of Cytora’s AI Risk Digitisation Platform

Cytora’s platform leverages large language models (LLMs) to process unstructured risk submission data from diverse document types, such as:

  • Loss Runs
  • Statements of Values (SOVs)
  • Multimedia File Formats

With support for over 140 languages, Cytora provides a comprehensive solution tailored to the needs of the insurance industry.

Quick Deployment with Google Cloud Marketplace

The Google Cloud Marketplace facilitates quick software deployment, eliminating the need for complex manual configurations. This integration allows Cytora users to utilize Google Cloud’s secure and scalable infrastructure to manage their AI-driven risk digitisation capabilities effectively.

Access to Decision-Ready Data

Through this collaboration, Cytora’s platform can now integrate with external data sources from its Data Ecosystem partners. This ensures that insurers receive:

  • Decision-ready data for underwriting
  • Streamlined claims processing
  • Efficient renewals and mid-term adjustments
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As a result, operations are optimized, and inefficiencies are reduced.

Statements from Leadership

Richard Hartley, CEO and co-founder of Cytora, expressed enthusiasm about the launch, stating, “We are very pleased to offer our insurtech solution on Google Cloud Marketplace. It’s indicative of the power of the Cytora platform and how technology solutions for insurers are becoming more and more accessible.”

Dai Vu, managing director of marketplace & ISV GTM programs at Google Cloud, added, “Bringing Cytora’s insurtech solution to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the AI risk digitisation platform on Google Cloud’s trusted, global infrastructure.”

For more information on how Cytora is transforming the insurance industry, visit their official website at Cytora.

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