Line Focus

Cytora is focused on commercial risks that have a dynamic online footprint, where rating factors, loss data and population datasets are substantially described in unstructured web data.
Examples of lines we are working in:

 

Restaurant Shutdown

RESTAURANT SHUTDOWN

Business interruption and revenue loss to restaurants which are shut down for food contamination or unacceptable hygiene
standards.

Loss of attraction

LOSS OF ATTRACTION

Business interruption caused by proximate external events (such as terrorism) causing a temporary loss to revenue and attraction (but not damage to the Insured's premises itself).

Online Suspension

ONLINE SUSPENSION

Business interruption and revenue loss following temporary suspension of trading on online revenue generating platforms such as amazon.com.

Commercial Property

COMMERCIAL PROPERTY

Loss to commercial property from perils such as fire, theft and malicious damage.


Risk Engine

The Cytora Risk Engine is driven by proprietary machine learning algorithms and unstructured web data, developed by a multidisciplinary team of scientists. 

 

CAPTURE

We ingest over 100,000 web sources globally spanning company websites, news media, social media, government datasets and open web APIs.

AGGREGATE

CONNECT

We fuse together historical loss datasets, total potential insured data and rating factors. We use machine learning to build frequency and severity distributions in areas where data does not traditionally exist.

ANALYSE

DELIVER

Our data platform helps insurers discover profitable segments and risks outside of their underwriting experience, identify properties they should avoid, and set precise premiums that are underpinned by high-resolution data.

DELIVER

Solutions

We enable insurers to enter new lines without loss history and write more business in existing lines through superior risk differentiation.

 

CYTORA NEW LINE ENTRY

+ 1000x INCREASE IN HISTORICAL CLAIMS DATA

Cytora New Line Entry provides insurers with the data to price risk in new lines where they have zero claims, increasing historical loss data by 1000x and providing a comprehensive view of total potential insureds.

CYTORA UNDERWRITING OPTIMISATION

+ 10x INCREASE IN SCALE OF PRICING DATASETS

Cytora Underwriting Optimisation delivers pricing analytics at 10x the scale held by established insurers, helping them to uncover profitable segments outside of their current underwriting appetite and avoid unprofitable risks.