The collaboration will embed aircraft data directly into the Cytora platform enabling aviation insurers to have a view of the exposure risks of individual risks, driving GWP growth and reducing the loss ratio.

Cytora, the digital risk processing platform, and Aviation Week Network’s Aircraft Bluebook, the provider of aircraft valuation and data solutions, have announced a strategic collaboration aimed at empowering aviation insurance underwriters with enhanced insights into aviation risks.

Aircraft Bluebook’s comprehensive and reliable aircraft valuation data, market intelligence and historical data will come pre-integrated into Cytora’s platform. The integration of Aircraft Bluebook’s trusted data with Cytora’s advanced risk processing capabilities will provide insurers with a holistic view of aviation risks, enabling them to better assess and price policies, optimize underwriting processes, and effectively manage risk portfolios.

This integration is another step forward in Cytora’s commitment to creating a broad ecosystem of data and insight to help insurers access data for all major lines of business including Aircraft Bluebook’s data in Cytora’s platform. This will further enhance the company’s capabilities in providing cutting-edge solutions for aviation insurance underwriters.

Juan de Castro, COO of Cytora said, “We are thrilled to collaborate with Aircraft Bluebook to provide our customers with access to reliable and comprehensive aviation data. This relationship will enable our customers to make more informed decisions in the aviation insurance market.”

Chris Reynolds, ASA; Valuations Manager & Chief Appraiser, Aircraft Bluebook states, “The collaboration with Aircraft Bluebook and Cytora is about putting the customer first while providing instant access to trusted and timely aircraft market data, including historical valuation data to provide aviation insurance underwriters with deeper insights into aviation risks. Aircraft Bluebook is excited to be the data provider of choice and an important asset to the aviation insurance market.”