Chubb Engages Cytora to Enhance Claims Automation

The collaboration is focused on enabling Chubb Claims documents to be automatically digitized, eliminating the need for manual intervention.

(Image credit: William William/Unsplash.)

Global commercial insurer Chubb (Warren, N.J./Zurich) has engaged Cytora (New York), provider of a configurable platform designed to enable commercial insurers to process risks at greater efficiency and accuracy, to automate claims document processing.

Amir Farid, North America Transformaiton Officer, Chubb.

Cytora describes itself as a pioneer of Generative AI applied to insurance workflows that digitize 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,” comments Amir Farid, North America Transformaiton Officer, Chubb. “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.”

Advancing a Digital-First Operating Model

“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,” Richard Hartley, CEO, Cytora. “We are excited to partner with insurers that are at the forefront of the transition to a digital-first operating model.”

Cytora Partners with Relativity6 to Speed Quotes with Intelligent Industry Classification

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

Leave a Comment

(required)