Markel announces Cytora partnership

Markel UK, the division of Markel International that provides insurance, tax and legal services for SME businesses, has announced a partnership with technology firm Cytora.

Markel will deploy the Cytora platform to streamline its risk intake across the UK P&C lines. The Cytora platform will be a part of the Markel new business workflow increasing the capacity for growth in target risk segments through a more efficient and effective end-to-end pipeline, quote and deal process.

Neil Galjaard, divisional managing director at Markel UK, said: “We are committed to giving brokers and clients enhanced service levels and Cytora will enable us to create capacity to effectively grow our scale in our key sectors and enable our underwriters to provide further enhanced service to customers and brokers.”

Richard Hartley, CEO at Cytora, added: “The commercial insurance industry is undergoing a fundamental transformation. We’re excited to partner with Markel, building on the success of our relationship so far, and accelerate their transition to become a digitally-enabled insurance company.”

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