Cytora
Risk digitisation and automation platform for commercial insurance. Gives brokers, insurers, and reinsurers programmatic control over how they receive, digitise, and decision inbound risk from trading partners. Acquired by Applied Systems in 2025.
www.cytora.com ↗Score
- Traction (named carrier deployments)5 carrier deployment(s) with public source.
- 2/5
- Maturity (years since founding)12 years since founding (2014).
- 4/5
- Coverage (insurance lines supported)2 line(s) supported: commercial, specialty.
- 2/5
- Analyst recognition (Celent / Gartner / Forrester / Everest / ISG)2 mention(s).
- 2/5
What it does
Cytora is a commercial-insurance risk-digitisation platform founded 2014 in London. $37M+ raised, with the flagship £25M Series B in 2019 led by EQT Ventures. Acquired by Applied Systems in 2025 — the same acquirer that picked up Planck in 2024, signalling Applied's broader bet on AI-native commercial-insurance infrastructure.
Named customers. QBE, AXA XL, MS Amlin, Starr, and Arch Insurance appear in public funding and partnership press. Arch specifically extended its Cytora engagement to the London Market, a meaningful specialty-insurance signal. Cytora's typical deployment pattern is brokerage and specialty carrier submission intake, ingesting broker-formatted loss runs and schedules of values into structured risk records.
Where it sits in old → new → AI. Cytora occupies the AI-native commercial-UW workstation rung next to Federato and Sixfold. Cytora's emphasis is risk digitisation — turning inbound broker materials into structured risk — where Federato leans workstation and portfolio, and Sixfold leans underwriter decisioning. A carrier can buy two or all three in combination; the overlap is real but each vendor's centre of gravity is identifiably different.
Named deployments
- QBE (AU)TechCrunch
- AXA XL (UK)TechCrunch
- MS Amlin (UK)TechCrunch
- Starr (US)TechCrunch
- Arch Insurance (BM)Life Insurance International