Commercial and specialty insurer HDI Global SE has partnered with insurtech Cytora as part of an effort to invest further in digital technology and operations.
By using the Cytora Platform, HDI will be able to digitise its risk processing flows and enable end-to-end digital operations.
This will enable faster service for brokers and clients while providing a superior risk selection, the company says.
Richard Hartley, CEO of Cytora, says: “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.
He adds: “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, member of the HDI Global SE executive board, comments: “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.”