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28 February 2023Insurance

HDI Global, insurtech Cytora partner to streamline global risk processing

HDI Global SE, the commercial and specialty insurer focusing on industrial lines, has partnered with insurtech Cytora to streamline global risk processing workflows and accelerate profitable growth.

HDI plans to use the Cytora Platform to digitise its risk processing flows and enable end-to-end digital operations.

This will enable faster service for brokers and clients, as well as provide a superior risk selection, the insurer said. The partnership is part of HDI’s strategic investment in digital technology to enhance productivity.

Richard Hartley, CEO of Cytora, said: “The insurance industry is undergoing a transformation. We are excited to partner with pioneering insurance companies like HDI Global to accelerate their risk processing workflows and digital transformation. This partnership will accelerate HDI’s transformation by enabling them to flexibly create and deploy risk processing workflows across its global footprint. We’re very pleased to be able to partner with HDI on this journey.`

Thomas Kuhnt, a member of the HDI Global SE Executive Board, said: “At HDI Global we are constantly investing in digital capabilities to be a technically superior underwriting company. We are building on Cytora to enable us to streamline key workflows, ensure more consistent execution and most importantly provide the best-in-class experience to our brokers and clients as we grow our global presence.”

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