Insurance
Home›Insurance›Industry & Deals›Cytora partners with InformData to add verifiable peop…
Cytora partners with InformData to add verifiable people data to underwriting
The deal integrates InformData data into Cytora workflows used for digitizing submissions, renewals, claims, and mid term adjustments.
Cytora, a digital risk processing platform for commercial insurance, has partnered with InformData, the verifiable people data network, to embed verifiable people data into Cytora’s commercial insurance platform.
The partnership is designed to integrate InformData’s verification insights into Cytora workflows that digitize submissions, renewals, claims, and mid term adjustments, helping insurers evaluate risks across the commercial policy lifecycle.
According to the companies, augmenting risk submissions with verifiable people data is intended to strengthen defenses against fraud and compliance violations, while also enabling enhanced risk monitoring, including continuous visibility into enterprise risk such as potential insider cyber risk.
Cytora says its AI-powered platform digitizes incoming risks, augments them with external data sources, evaluates them against multiple rules, and routes them for automated or manual underwriting, while InformData provides the verifiable people data layer for faster and more accurate decisioning.