London, UK, 25th April 2024: Cytora has announced the expansion of its global advisory board in welcoming commercial insurance veteran James Platt. The move is designed to support Cytora’s global growth.
Formerly Group COO and Chief Digital Officer of Aon, James Platt has had a broad and successful career in the insurance industry from leading the big data and advanced analytics practice at BCG before establishing the group wide digitization initiative at Aon. Platt joined Aon first as CEO of Data Analytics before accelerating the transition to a digital-first operating model as Group COO and then as Chief Digital Officer. Platt has recently co-founded Trimstone Partners, a boutique consultancy focused on enabling strategic change across financial services.
The advisory board group consists of leaders across Commercial and Specialty Insurance consisting of Bronek Masojada, Chair of SiriusPoint and formerly CEO of Hiscox, Kelly Lyles, board member at Convex and Howden Group, Jeffrey Hayman, Chair of R&Q Insurance Holdings and former board member of Zurich Insurance Group, John Bruno, President of Xerox, and Bill Bloom, former CIO and Head of Operations at both The Hartford and Travelers, Thomas Huerlimann, board member of Hiscox and former CEO of Zurich Global Corporate, Emmanuel Clarke, former CEO of PartnerRe and Chairman of BMS, Adrian Brown, former UK CEO RSA, Karen Green, board member of Miller Insurance Services and Phoenix Group Holdings and AlanMorgan, former senior partner at McKinsey and head of financial services.
Many members have been in executive positions in leading brokers, insurance companies and reinsurers as well as holding responsibility for large scale transformation programs. The appointments follow a period of significant growth for Cytora including a recently announced partnership with Chubb.
James Platt, Member of Cytora’s Advisory Board, said: “I have been genuinely blown away by Cytora’s capabilities and use of AI. I am convinced Cytora can help the insurance industry to digitize risk, accelerate competitive differentiation, reduce costs and ultimately enable a step change in client, broker and insurer experience, through better data, new insights and accelerated processing”
Richard Hartley, CEO of Cytora, said: “I’d like to welcome James to the advisory board. The transformative opportunity presented by artificial intelligence is a top board level priority and it is a complex area for insurance companies to successfully harness at scale to achieve enduring outperformance. James will benefit our team, partners and clients with his deep expertise across the risk and insurance value chain”
