A world where risk transfer is effortless and fair

Powering the future of commercial insurance

Insurance is vital to the economy, giving businesses the confidence to realise their ambitions in the face of uncertainty, but the underlying systems that insurance is built on are broken. Cytora is creating new foundations for insurance. We provide insurers with the building blocks they need to deliver efficient, accurate underwriting and seamless customer experiences.

History

2014
Founded and spun out of the University of Cambridge
2015
Proprietary Risk Engine technology developed and refined
2016
Launched Risk Engine API
2017
Partnered with world-leading, global insurers such as QBE, Starr and XL Catlin
Raised $7.6M series A round with QBE, Starr and Cambridge Innovation Capital
Risk Engine deployed globally across commercial lines
2018
Launched Cytora Underwrite
2019
Raised $32M series B round with EQT Ventures
Launched Cytora API Platform
2020
Launched Underwriting Productivity Suite
Became a remote-first company

Cytora is a remote-first company.

Our employees can choose to work from any location they desire, no longer restricted by the unnecessary demands of a physical office.

Find out more in our remote-first manifesto here.

Investors

Our investors bring unrivalled expertise and have supported the growth of some of Europe’s leading businesses.

Team

Cytora was founded by a team of machine learning scientists, data engineers, and strategists. We believe that in the next decade, insurance will become simple, frictionless, and transparent, driven by exponential growth in data liquidity.

Advisory board

Our advisory board is made up of insurance industry leaders and builders of some of the world's most successful technology companies. Together, we are creating a new way to conceptualise, price and deliver insurance.

Adrian Brown

Previously CEO at Towergate Insurance, CEO UK at RSA

Alan Morgan

Chairman of MMC Ventures, Non-Executive Director of companies including Future Route, Funding Options and Obillex

Bill Byrne

Bill Byrne

Head of Information Engineering division at the University of Cambridge

Carol Cheung

Director at GeoSpock, Principal at Cambridge Innovation Capital (CIC)

David Hipkin

ex Arch CUO

Ilkka Paananen

Co-founder and CEO of Supercell

Lyle Fong

Partner at EQT Ventures

Matthew Grant

Executive Director at Abernite, Former Managing Director of models and data at RSM

Paul Forster

Co-founder and former CEO of Indeed.com

Ted Briscoe

Ted Briscoe

Professor of Computational Linguistics at the University of Cambridge

To be announced

To be announced