(Image source: Geoskop homepage.)
Cytora (London) has partnered with Geoskop (Sabadell, Spain) to incorporate Geoskop’s climate intelligence and Sustax data into the Cytora platform for commercial insurance workflows.
Juan de Castro, COO, Cytora.
The collaboration brings Sustax’s climate change models into Cytora’s platform, enabling commercial insurers to access climate data during risk processing. Cytora says the integration is designed to help underwriters enrich risk submissions with predictive physical risk data and support pricing decisions.
The integration gives insurers access to Sustax datasets for EU Taxonomy alignment, IFRS-S2, TCFD and CSRD reporting. Cytora says insurers can use the data to evaluate physical climate and ESG risks across individual submissions and portfolios.
The collaboration with Geoskop is Cytora’s latest integration partnership as the company builds its data ecosystem for insurers. Cytora says the partnership follows a period of growth that includes a collaboration with Chubb and continued platform enhancements using agentic AI for risk assessment and underwriting.
Empowering Faster, Smarter Decisions
Joan Saladich Cubero, Founder and CEO, Geoskop.
“Physical risk and ESG intelligence are increasingly becoming critical components in commercial insurance underwriting,” comments Juan de Castro, COO, Cytora. “Through our partnership with Geoskop, we’re making it easier for insurers to embed the latest Sustax insights directly into their workflows, empowering smarter and faster decisions with access to the most advanced climate data available.”
“This partnership with Cytora will give insurers the clarity and foresight needed to make informed, strategic and sustainable underwriting decisions,” comments Joan Saladich Cubero, Founder and CEO, Geoskop. “The past is no longer representative of the future. As commercial insurers are being forced to assume a much heavier share of physical risk and regulation shifts toward quantitative ESG reporting, the need for accurate and transparent climate data has never been greater.”