Cytora integrates LightBox’s extensive U.S. property data into its platform, from more than 10,000 sources, equipping insurers with deeper real estate risk insights
New York, – Cytora, the leading digital risk processing platform, today announced a strategic partnership with LightBox, a leader in cutting edge U.S. real estate data and geospatial information, to transform how insurers digitize risk intake and accelerate decision-making.
Through this collaboration, insurers using Cytora’s platform can gain seamless access to LightBox’s comprehensive property data, enabling them to evaluate risks more accurately, track market trends, and enhance underwriting precision. This includes access to LightBox’s extensive repository of property characteristics, building footprints, boundary details, neighborhood insights, and environmental data.
LightBox’s advanced data solutions deliver insights from more than 10,000 sources across the U.S., providing insurers deeper context when assessing property risk exposure. With the integration of LightBox’s data into Cytora’s platform, underwriters can streamline their workflows, improve risk selection, and make more informed underwriting decisions based on real-time property information.
This new relationship with LightBox is the latest integration partnership Cytora has agreed as the insurtech seeks to build one of the world’s most comprehensive data ecosystems for insurers. It also follows a period of significant growth for Cytora including agreeing to a major collaboration with Chubb, and the launch of the latest version of its platform earlier this month, which leverages agentic AI to bring a new level of performance and explainability to risk assessment and underwriting processes.
Zaheer Hooda, Cytora’s Head of North America, said: “At Cytora, we are committed to equipping insurers with high-quality data that enhances underwriting precision. Our collaboration with LightBox ensures that underwriters have access to cutting-edge property intelligence, helping them to proactively assess and mitigate risks with unparalleled accuracy. It is the next step on our mission to deliver innovation and best-in-class data to insurers to enhance risk evaluation and underwriting excellence, allowing them to stay ahead in the dynamic risk landscape.”
Caroline Stoll, General Manager of Data and Analytics at LightBox, commented: “In today’s challenging environment, access to accurate and complete information is more critical than ever. Our nationwide property data, combined with Cytora’s powerful risk processing capabilities, will help insurers navigate a never-changing risk environment with agility and precision. Together, we are setting a new standard for property risk assessment in the insurance industry.”
About Cytora
Cytora is a configurable platform that enables commercial insurers to process risks with greater efficiency and accuracy. Cytora digitizes incoming risks, augments them with external data, evaluates them against multiple rules, and seamlessly integrates them into downstream systems for automated or manual underwriting.
About LightBox
At LightBox, we are at the forefront of delivering geospatial intelligence and property data solutions. Our dedication to innovation propels our customers forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate and geospatial solutions, visit us at: www.LightBoxRE.com