Cytora and InformData move to cut fraud in commercial risk

Cytora

Cytora, the digital risk processing platform for commercial insurance, has formed a partnership with InformData, a network specialising in verifiable people data, in a move designed to give insurers a fuller picture of the risks landing in their pipelines.

Under the agreement, InformData’s verifiable people data will be embedded directly into the Cytora platform. Commercial insurers working with Cytora to digitise their submissions, renewals, claims and mid-term adjustments will now receive instant verification insights on each risk as it enters their workflow.

The tie-up is intended to help carriers reach decisions that are quicker, fairer and made with greater confidence across the entire commercial policy lifecycle. Enriching submissions with verified information about the individuals behind a risk gives insurers a stronger line of defence against fraud and breaches of compliance rules. The arrangement also opens up broader risk monitoring capabilities, allowing organisations to maintain ongoing visibility of enterprise-level exposures, including the threat posed by insider cyber activity, thereby sharpening awareness and lowering vulnerability.

For Cytora, the deal advances its goal of enriching every incoming risk with a wide range of external data sources, while InformData gains a route into complex commercial insurance workflows it did not previously serve.

Cytora COO Juan de Castro said, “InformData provides a powerful way for commercial insurers to have a complete view of risk, extending beyond property and peril data to encompass the foundational element of people data. Integrating verifiable people data directly into our digital risk flows empowers faster, more accurate decisions while upholding the highest standards of compliance.”

InformData CRO Jackie Rousseau-Anderson said, “The commercial insurance market demands speed and trust. By embedding our verifiable people data into Cytora’s AI workflows, we are providing the trusted data layer that helps insurers better assess the people behind commercial risk.”

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