Case Study

A leading P&C reinsurer uses the Cytora Platform to improve expected loss cost

A leading P&C reinsurer uses the Cytora Platform to improve expected loss cost

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Case Study A leading P&C reinsurer uses the Cytora Platform to improve expected loss cost Customer Challenge A leading P&C reinsurer approached Cytora wanting to reduce premium leakage. Unhappy with the errors and omissions in cedant exposure data, the reinsurer needed a solution that could correct and enrich the data to help calculate accurate expected loss costs. Products Reinsurance Portfolios APIs Line of Business Property Natural Catastrophe Users Underwriters and data analytics teams Business Objectives ? Reduce premium leakage ? Set better bind rates Use Case Use Reinsurance Portfolios APIs to validate, correct and enrich cedant portfolios to improve the accuracy of expected loss cost estimates Results ? Corrects expected loss cost by ~7% per cedant submission ? Enables im

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