Cytora is pleased to announce an integration with CAPE Analytics, in a bid to enhance insurers’ capabilities to assess and manage risks associated with commercial properties.
The leading digital risk processing platform aims to integrate CAPE Analytics’ innovative commercial property data APIs to enhance the way insurers assess and manage risks associated with commercial properties.
The commercial property data API offering gives users r comprehensive insights into a wide range of property attributes, including loss-predictive building characteristics, roof condition and historical data.
By integrating CAPE Analytics’ robust into the Cytora platform, insurers can access detailed property information, empowering them to make more informed underwriting decisions and optimise their risk management practices.
Juan de Castro, COO of Cytora: “Cytora’s commitment to innovation aligns perfectly with our integration with CAPE Analytics. By integrating CAPE Analytics’ commercial property data APIs into our platform, we’re equipping insurers with the tools they need to make more informed decisions about commercial property risks.
“This collaboration strengthens our ongoing efforts to provide insurers with the most advanced solutions, ultimately enhancing their ability to manage risks effectively.”
This integration allows insurers to harness advanced analytics and machine learning to streamline underwriting processes, bolster risk management practices, and make data-driven decisions for commercial property risks.
“We’re excited to see Cytora continue to push the envelope of innovation in the commercial property insurance space and look forward to supporting carriers through this direct integration,” said Busy Cummings, Chief Revenue Officer at CAPE Analytics.
“Decisions involving commercial property risk are often complex, making modernisation and automation a challenge. Together, Cytora and CAPE are providing both the platform and the insights required to modernise commercial property carrier workflows and drive the industry forward.”
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
