Cytora, the configurable digital risk processing platform for commercial and specialty insurance, has announced a strategic partnership with Climatig, an award-winning solution for calculating detailed physical climate risks. This integration embeds Climatig’s advanced climate analysis directly into the Cytora platform, ensuring that insurers have immediate access to science-backed intelligence at the point of decisioning. This capability significantly enhances comprehensive risk evaluation and enables underwriters to make more informed decisions about exposure across individual assets and entire portfolios.
Climate risk factors are increasingly recognized as critical components in strategic underwriting, particularly as global regulations mandate insurance players to disclose their exposure to climate risk (e.g., TCFD alignment). Through this partnership, Cytora reinforces its mission to build one of the world’s most comprehensive data ecosystems for insurers. By combining Cytora’s GenAI-powered digitization of unstructured documents with Climatig’s high-resolution risk data and perpetual projections, joint customers gain the necessary foresight to navigate evolving regulatory requirements and consider long-term decisions about risk appetites and strategic markets.
Commercial insurers using the Cytora platform can leverage Climatig data during the Enrichment and Risk Evaluation/Triage steps of the submission processing workflow. When a property submission is ingested, Cytora automatically geolocates the asset and requests a comprehensive climate risk assessment from Climatig, covering critical hazards such as river flood, severe wind, and wildfire. This information is then used to automate due diligence and evaluate the risk against climate-aware appetite rules, ensuring compliance with external disclosure requirements and enabling the insurer to accurately quantify climate’s financial impact on their portfolios.
Juan de Castro, COO at Cytora, said: “Climate intelligence is no longer optional; it is fundamental to smart underwriting, especially across commercial property and specialty lines. Our partnership with Climatig makes it effortless for insurers to embed crucial, science-backed risk data directly into the Enrichment stage of their workflows. This empowers our clients to ensure immediate regulatory compliance while simultaneously building resilience and driving smarter, faster decisions across their entire book of business.”
