Generative AI application will help enhance the speed, efficiency and accuracy of underwriting decisions.
New York, US; 5th July 2025: TransRe has partnered with Cytora, the digital risk processing platform. TransRe will deploy Concierge, Cytora’s cutting edge, agentic AI powered service, to its worldwide facultative operation This will enable TransRe to more easily scale facultative submission volumes, reduce costs, improve the accuracy of data ingestion and free underwriting and claims teams to dedicate more time to complex risk decisioning.
“Risk digitization is having a tremendous impact across all major workflows and is demonstrating a clear path to a scalable business model where growth in premium is increasingly decoupled from growth in expense. TransRe has a compelling vision to use Generative AI as a foundation for business growth with improved control over risk selection and enhanced service. Our partnership will enable TransRe to drive profitable growth across their facultative business.”
Richard Hartley
CEO | Cytora
“Facultative insurance is a high-flow business, and we have been impressed by the functionality and scalability of Cytora’s platform. We are excited to work together to drive digitization across our business. Cytora helps us augment our underwriting and claims professionals, which in turn will improve our service to our business partners.”
Matt Mahoney
COO | TransRe
About Cytora
Cytora is the pioneer of generative and agentic AI to digitize commercial risk transfer workflows at unparalleled levels of performance, configurability and scalability across enterprises. Insurers and reinsurers use Cytora to increase their premium flow, improve control over risk selection and transform service to brokers and clients.
About TransRe
Established in 1977, TransRe is the brand name for Transatlantic Holdings, Inc., and its subsidiaries (including Transatlantic Reinsurance Company, TransRe London Limited and TransRe Europe S.A.). TransRe is a wholly owned subsidiary of Alleghany Corporation, a Berkshire Hathaway company. Headquartered in New York with operations worldwide, TransRe offers the capacity, expertise, and creativity necessary to structure programs across the full spectrum of property and casualty risks. Please visit www.transre.com for more information.
