London, UK; 31 August 2023: Cytora, the leading digital risk processing platform, is pleased to announce an integration with CAPE Analytics, a provider of innovative, AI-powered property insights. CAPE Analytics' commercial property data APIs will be accessible on the Cytora platform, enhancing insurers' capabilities to assess and manage risks associated with commercial properties.
CAPE Analytics' commercial property data APIs offer comprehensive insights into a wide range of property attributes, including loss-predictive building characteristics, roof condition, and historical data. By integrating CAPE Analytics' robust APIs into the Cytora platform, insurers can access detailed property information, empowering them to make more informed underwriting decisions and optimise their risk management practices.
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.
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."
“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.”
This integration underscores Cytora's commitment to equipping insurers with innovative risk processing solutions while leveraging CAPE Analytics' expertise in providing advanced commercial property data solutions.