Cytora launches self-service digital risk processing training platform for insurance industry

Industry-first initiative aimed at upskilling professionals on new insurtech solutions

London, UK; 22nd May 2024: Cytora, the leading digital risk processing platform, has launched the Risk Flow Academy, a selr-service digital learning platform designed specifically for commercial insurance professionals. This innovative initiative is the first comprehensive training resource focused on digital risk processing for the industry.

The Risk Flow Academy is designed to empower insurance professionals with the skills and knowledge needed to thrive in the era of digital risk processing. The platform covers key topics on digitizing submissions, leveraging Generative AI, designing schemas, seamlessly integrating data sources into digital workflows and more. It has been built on the back of insights and best practices gained from Cytora’s numerous global deployments at scale, and will offer comprehensive and in-depth training.

Cytora’s Risk Flow Academy is part of Cytora’s commitment to driving innovation and digital transformation within the commercial insurance sector. As the industry continues to evolve, the Risk Flow Academy will play a role in preparing insurance professionals to navigate, lead in the digital age and accelerate how they scale risk digitization across workflows, lines of business and markets.  

It will provide a range of training resources that is tailored to all levels of expertise, with resources that range from fundamental explainers on digitizing core workflows, building upon out of the box templates, through to advanced techniques for identifying key value sources, understanding typical integration patterns and accessing comprehensive documentation. 

Richard Hartley, CEO and Co-Founder at Cytora, said: "We are delighted to announce the launch of Risk Flow Academy, which embodies our mission to support insurance professionals in the digital era. We have curated an extensive range of training resources that will equip learners, whatever stage of their career, with practical insights and hands-on techniques to accelerate how they scale risk digitization across their organization. 

“We see Risk Flow Academy as more than just a training platform; it is necessary for the insurance industry to get the most out of the insurtech revolution. Cytora is committed to helping professionals enhance their dgital risk processing capabilities, ensuring they can meet the demands of a rapidly changing industry. With our specialized training programs, we aim to foster a culture of continuous learning and innovation within the insurance sector, and to play our part in the successful digitisation of the industry. I hope that this will prove an important resource for the sector.”

Cytora’s Risk Flow Academy training materials and videos are available online free of charge. For insurance companies that want to invest in upskilling whole teams in their organisations, there is the ability to take advantage of the expanded version of the Academy, delivered during in-person training and workshops.

The announcement follows a period of significant growth for Cytora including the launch of the latest enhancement to the platform leveraging Large Language Models (LLMs) alongside Cytora’s proprietary AI to bring a new level of accuracy and efficiency to risk assessment and underwriting processes. In the past year, Cytora has inked a series of partnerships and client wins with companies including Allianz, Chubb, Moody’s, hyperexponential and JBA.

For more details, visit Risk Flow Academy.