Cytora Agrees Claims Doc Processing Contract With Chubb

Big news from Cytora, as they score a client win with Chubb. Here’s the word;

Insurtech Cytora announced that the company has been engaged by Chubb, a world leader in insurance, to automate claims document processing. Cytora is a pioneer of Generative AI applied to insurance workflows that digitise insurance workflows at unparalleled levels of performance, configurability and scalability across the enterprise.

The collaboration is focused on enabling Chubb claims documents to be automatically digitized, eliminating the need for manual intervention. Cytora’s platform enables Chubb teams to create, compose and deploy AI-native claims flows in a scalable approach across multiple markets and lines of business.

Richard Hartley, CEO of Cytora, said: “The insurance industry is undergoing an acceleration towards a digital-first future enabling risk volume to scale at a fraction of the current cost while achieving superior control over decisioning. We are excited to partner with insurers that are at the forefront of the transition to a digital-first operating model.”

Amir Farid, Chubb North America Transformation Officer, said: “The collaboration is focused on enabling Chubb Claims documents to be automatically digitised, eliminating the need for manual intervention. Cytora’s platform enables Chubb teams to create, compose and deploy AI-native Claims document flows in a scalable approach across multiple markets and lines of business.”