Cytora, the leading digital risk processing platform, and Confianza, a cutting-edge insurtech that is fast-tracking targeted risk selection and loss ratio improvements, today announced a strategic partnership designed to enhance commercial insurance workflows and improve underwriting efficiency.
This collaboration will integrate Confianza’s advanced data intelligence capabilities into Cytora’s risk digitization platform, enabling insurers to make faster, more informed underwriting decisions on business risk. Confianza’s proprietary data solutions will enable insurers to digitize and augment risk submissions with detailed insights on businesses as well as the business principal and consumer, including key information such as business verification, compliance insights, financial health indicators, and fraud detection.
Confianza’s comprehensive database of America spans more than 75 million businesses, 330 million adults/principals, 190 million properties and vehicle VIN & registration details. Additional unique data layers & predictive modules include crime (at the zip+4 level), business & consumer credit, replacement cost estimator, lessor's risk occupancy, premium leakage and fraud among others.
By leveraging Cytora’s AI-driven risk processing and Confianza’s rich information sources, underwriters will benefit from automated risk enrichment, reduced manual workload, and improved decision-making accuracy. Insurers using this integrated solution will be able to optimize their workflows, minimize underwriting delays, and increase profitability through more precise risk selection.
This new relationship with Confianza is the latest integration partnership Cytora has agreed as the insurtech seeks to build one of the world’s most comprehensive data ecosystems for insurers. It also follows a period of significant growth for Cytora including agreeing to a major collaboration with Chubb, and the launch of the latest version of its platform earlier this month, which leverages agentic AI to bring a new level of performance and explainability to risk assessment and underwriting processes.
Juan de Castro, COO at Cytora, said: “With the increasing complexity of risk assessment, insurers need cutting-edge solutions to stay ahead.The key to effective underwriting today is access to real-time, enriched data. Our collaboration with Confianza ensures that insurers have the information they need at their fingertips to drive smarter risk selection. This partnership will equip insurers with a powerful combination of AI-driven risk processing and robust data intelligence, allowing them to make smarter, faster decisions while ensuring their portfolios remain resilient and profitable.”
John Petricelli, Chief Data Officer at Confianza, added: “This partnership is a game-changer for insurers looking to optimize their risk evaluation strategies. With Cytora, we are delivering a seamless data-driven underwriting experience, where insurers will gain deeper insights into risks, enabling them to underwrite with greater confidence and speed. We look forward to driving meaningful innovation in the insurance industry together.”