Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC Group of Companies headquartered in Houston, Texas, has entered into a strategic partnership with Cytora to improve the efficiency of its underwriting workflow through artificial intelligence.
By integrating Cytora’s AI platform, TMHCC aims to streamline the processing of incoming risks, reduce manual data entry and enable underwriters to focus on high-value decisions.
The partnership comes at a time when specialist insurers are under increasing pressure to deal with complex risks faster and more accurately.
Cytora’s platform will enable TMHCC to instantly and automatically extract and validate data from the most promising opportunities and make it available to the right underwriters.
It will also enable them to use advanced analytics to immediately assign the most promising opportunities to the right underwriters and build a more flexible infrastructure capable of handling changing market demands without increasing overhead.
Neeren Chauhan, Chief Artificial Intelligence and Innovation Officer at Tokio Marine HCC, said: “Our underwriters bring the experience, discipline and market intuition needed to assess risk. Artificial intelligence simply takes the manual burden off. This allows them to focus on what truly makes Tokio Marine HCC stand out by applying deep underwriting expertise to deliver informed, timely decisions.
“Artificial intelligence is becoming a meaningful differentiator in our industry, and Tokio Marine HCC is committed to leveraging it to enhance our performance and improve how we serve our partners.”
This initiative supports Tokio Marine HCC’s wider strategy to use artificial intelligence to enhance manual processes in a thoughtful and responsible manner.
By reducing administrative workload, Tokio Marine HCC continues to drive business growth and enhance the broker experience through more efficient interactions and faster turnaround without compromising underwriting integrity.
“For our cyber business, this solution is designed to remove friction from the first step of the underwriting process,” said Mike Palotay, CEO of Tokio Marine HCC – CPLG. “By quickly providing our team with organized data, we can respond to brokers faster, reduce rework, and focus on risks that require our expertise.”
