Cytora, a leading digital risk processing platform, will collaborat with JETNET, a top provider in aviation market intelligence.
Both entities are known in their respective sectors for innovation and comprehensive services.
The aviation industry is ever-changing, with its own set of unique challenges and risks. To keep up, insurers necessitate timely and accurate information to guide their decisions effectively.
Cytora is renowned for its digital risk processing platform. The platform’s innovative approach allows insurers to process and evaluate risks more efficiently, keeping in tune with modern requirements. On the other hand, JETNET specialises in aviation market intelligence. Their aviation intelligence APIs are a rich source of data, offering insights into aircraft, market trends, fleet details, and historical aviation information.
Through this alliance, insurers using Cytora’s platform can now seamlessly integrate JETNET’s aviation intelligence APIs. This integration empowers insurance underwriters with real-time data on aircraft valuations, market trends, historical data, and more. The result? A holistic understanding of global aviation risks that will undoubtedly refine underwriting processes.
A notable aspect of this partnership is its potential for advanced analytics and machine learning applications. Many insurers have begun utilising these features, aiming to enhance their risk assessment techniques, make underwriting more precise, and better their overall decision-making in the global aviation insurance sector.
Juan de Castro, COO of Cytora, said, “We are excited to partner with JETNET to deliver comprehensive global aviation risk insights to our customers. The integration of JETNET’s aviation intelligence APIs into our platform will enable insurers to make data-driven decisions, improve their underwriting processes, and effectively manage aviation risks.”
Josh Baird, VP of Corporate Development of JETNET, commented, “JETNET is thrilled to work with Cytora to bring to the market a cutting-edge solution to insurers. This marks the latest example of JETNET continuing to advance aviation intelligence.”
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