London, UK; 03 August 2023: Cytora, the leading digital risk processing platform, and JETNET, a renowned provider of aviation market intelligence, have announced a strategic partnership aimed at providing insurers with comprehensive global aviation risk insights.
JETNET’s aviation intelligence APIs offer extensive data and insights on aircraft, fleets, market trends, and historical aviation information. Through this partnership, insurers leveraging Cytora’s innovative risk processing platform will have seamless access to JETNET’s aviation intelligence APIs, enabling them to gain a deeper understanding of global aviation risks and enhance their underwriting processes.
With the aviation industry continually evolving and presenting unique risks, insurers require accurate and up-to-date information to make informed decisions. By integrating JETNET’s robust aviation intelligence APIs into Cytora’s platform, insurance underwriters will have access to real-time data on aircraft valuations, market trends, historical data, and more.
Insurers are already leveraging this partnership for advanced analytics and machine learning to optimize their risk assessment, improve underwriting accuracy, and enhance decision-making across the global aviation insurance market.
Juan de Castro, COO of Cytora, “We are excited to partner with JETNET to deliver comprehensive global aviation risk insights to our customers. The integration of JETNET’s aviation intelligence APIs into our platform will enable insurers to make data-driven decisions, improve their underwriting processes, and effectively manage aviation risks.”
Josh Baird, VP of Corporate Development of JETNET, “JETNET is thrilled to work with Cytora to bring to the market a cutting-edge solution to insurers. This marks the latest example of JETNET continuing to advance aviation intelligence.”
Cytora is the configurable platform that enables commercial insurers to process risks at greater efficiency and accuracy. Cytora digitizes every incoming risk, augments them with additional data sources, evaluates them against multiple rules, including appetite and priority rules, and routes them to downstream systems for automated or manual underwriting.
As a leading provider of aviation market information, JETNET delivers comprehensive and reliable business aircraft research to its exclusive clientele of aviation professionals worldwide.
JETNET is the ultimate source of information and intelligence on the worldwide business, commercial, and helicopter aircraft fleet and marketplace, comprising more than 110,000 airframes. Headquartered in Utica, NY, JETNET offers comprehensive, user-friendly aircraft data via APIs, real-time internet access and regular updates.
For information on JETNET and our exclusive services, visit www.jetnet.com or contact Paul Cardarelli, JETNET Vice President of Sales, at 800.553.8638 (USA) or paul@jetnet.com or Karim Derbala, JETNET Managing Director of Global Sales at +41 (0) 43.243.7056 (Switzerland) or karim@jetnet.com.
