Cytora, a leading digital risk processing platform, has formed a strategic partnership with PriceHubble to enhance the risk assessment capabilities of insurers.
Through this collaboration PriceHubble’s extensive data insights will be integrated into Cytora’s platform.
The partnership’s goal is to give insurers access to PriceHubble’s proprietary residential real estate database, which is the largest in Europe.
By integrating this data, insurers will be able to better evaluate risks tied to specific properties or entire portfolios.
This enhanced access includes data on property valuations, market analyses, value forecasts, and energy performance insights, as well as building simulations.
The collaboration seeks to empower underwriters with the tools to make faster, more informed decisions by identifying vulnerabilities and adjusting risk strategies accordingly.
Cytora, known for its innovative digital risk platform, enables companies to automate risk processing, helping insurers, brokers, and risk managers achieve superior decision-making.
The company’s mission is to create one of the most comprehensive data ecosystems for the insurance sector, providing insurers with powerful tools for risk assessment and mitigation.
PriceHubble, meanwhile, specialises in advanced real estate data analytics. The company offers cutting-edge tools that support property valuation and market insight. One key product is the UK’s National Cladding Dataset for Tall Buildings, which keeps track of cladding issues in high-rise and mid-rise residential units. This dataset is particularly important for insurers, as it allows real-time risk analysis for buildings potentially impacted by cladding concerns.
This partnership is the latest in a series of collaborations for Cytora, which has already expanded its offerings through recent partnerships with major industry players such as Chubb and Arch. These agreements reflect Cytora’s ongoing growth and its commitment to enhancing the data capabilities available to insurers globally.
Juan de Castro, COO at Cytora, said, “By joining forces with PriceHubble, we are going to be able to bring a new level of precision and depth to real estate data for insurers. This will empower our clients with unmatched insights, revolutionising how they assess and manage property risk, and enhancing their competitive edge. Partnerships like this are helping Cytora to deliver a new benchmark for data-driven decision-making in the insurance industry.”
Mark Cunningham, Managing Director of PriceHubble UK, said, “By combining our intelligence with Cytora’s advanced platform, we are thrilled to offer insurers unprecedented access to deeper, more accurate real estate insights. This collaboration will drive smarter decision-making by redefining real estate data for the insurance industry.”
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