Cytora board adds former PartnerRe CEO
UK insurtech Cytora has appointed Emmanuel Clarke to its advisory board.
Cytora CEO Richard Hartley says Mr Clarke will “benefit our team, partners and clients with his deep expertise across the insurance value chain”.
The transformative opportunity presented by artificial intelligence is a top priority but "a difficult area for insurance companies to navigate to achieve defining and enduring success,” Mr Hartley said.
Mr Clarke was formerly president and CEO of PartnerRe, where he spent 25 years. He has held leadership roles across property and casualty and specialty lines and is a board member at Intact Financial Corporation, BMS and Compre.
Other Cytora board members are Bronek Masojada, Kelly Lyles, Jeffrey Hayman, John Bruno, Bill Bloom, Thomas Huerlimann, Adrian Brown, Karen Green and Alan Morgan.
“I look forward to working with the Cytora team ... and accelerating a future where insurance companies can materially uplift the volume of risks they can write, at higher decision quality and at a fraction of current cost,” Mr Clarke said.
Earlier this month, Cytora revealed it has been engaged by Chubb to automate claims document processing. The platform allows Chubb teams to develop and deploy AI-backed claims documentation efficiently across various markets and lines of business.