{"id":5462,"date":"2021-12-13T16:16:09","date_gmt":"2021-12-13T16:16:09","guid":{"rendered":"https:\/\/www.cic.vc\/?p=5462"},"modified":"2024-04-16T13:36:31","modified_gmt":"2024-04-16T13:36:31","slug":"agreement-advances-allianzs-mission-of-building-a-scalable-data-driven-commercial-insurance-business-model","status":"publish","type":"post","link":"https:\/\/www.cic.vc\/agreement-advances-allianzs-mission-of-building-a-scalable-data-driven-commercial-insurance-business-model\/","title":{"rendered":"Agreement advances Allianz\u2019s mission of building a scalable, data-driven commercial insurance business model"},"content":{"rendered":"<p><span class=\"text-small\"><a href=\"https:\/\/www.allianz.com\/en.html\" target=\"_blank\" rel=\"noopener\">Allianz SE<\/a> today announces an agreement with <a href=\"https:\/\/cytora.com\/\" target=\"_blank\" rel=\"noopener\">Cytora<\/a>, a London-based insurtech firm, to enhance Allianz\u2019s commercial insurance business with AI-based digital risk processing solutions. The partnership will benefit Allianz by improving margins through better risk selection and a deeper understanding of risks.<\/span><\/p>\n<p>&#8220;This is great news for our customers, intermediaries and underwriters. With the new technology our underwriters can focus on the most value adding tasks. And our customers benefit from better service and a quicker turnaround&#8221; <strong><span class=\"text-small\">said J\u00f6rg Hipp, Head of Business Transformation in Allianz SE\u2019s Global Commercial Group Center.<\/span><\/strong><\/p>\n<p><span class=\"text-small\"><strong>Richard Hartley, CEO of Cytora commented:<\/strong> <\/span><\/p>\n<p>&#8220;We are excited to partner with Allianz who share our vision of digital risk processing. With the deployment of our platform across the group, Allianz will accelerate their transformation enabling them to provide scalable, digital and data driven commercial insurance.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allianz SE today announces an agreement with Cytora, a London-based insurtech firm, to enhance Allianz\u2019s commercial insurance business with AI-based digital risk processing solutions. The partnership will benefit Allianz by improving margins through better risk selection and a deeper understanding of risks. &#8220;This is great news for our customers, intermediaries and underwriters. With the new [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":4506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6,29],"tags":[49],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agreement advances Allianz\u2019s mission of building a scalable, data-driven commercial insurance business model - Cambridge Innovation Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cic.vc\/agreement-advances-allianzs-mission-of-building-a-scalable-data-driven-commercial-insurance-business-model\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agreement advances Allianz\u2019s mission of building a scalable, data-driven commercial insurance business model - Cambridge Innovation Capital\" \/>\n<meta property=\"og:description\" content=\"Allianz SE today announces an agreement with Cytora, a London-based insurtech firm, to enhance Allianz\u2019s commercial insurance business with AI-based digital risk processing solutions. 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