Cytora further expands advisory board with ex-Aon executive

AI in insurance specialist Cytora has further expanded its global advisory board by appointing James Platt, a commercial insurance expert.

Platt brings a wealth of experience to Cytora, having formerly held pivotal roles at Aon, including group chief operating officer and chief digital officer. His tenure at Aon was marked by digital advancements, following his initial role as CEO of data analytics.

Before joining Aon, Platt was instrumental in leading the big data and advanced analytics practice at BCG and later spearheaded Aon's group-wide digitization efforts. More recently, Platt co-founded Trimstone Partners, a consultancy specializing in strategic transformation within the financial services sector.

The advisory board at Cytora includes several high-profile figures from the commercial and specialty insurance sectors, including Bronek Masojada, chair of SiriusPoint and former CEO of Hiscox, and Kelly Lyles, who serves on the boards of Convex and Howden Group.

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The board also features Jeffrey Hayman, chair of R&Q Insurance Holdings and former board member at Zurich Insurance Group, alongside other distinguished members from top insurance and financial firms.

This announcement follows growth for Cytora, highlighted by a recently announced partnership with Chubb, which underscores the company's ongoing expansion in the insurance industry.

Platt commented on his new role, praising Cytora’s capabilities and its use of AI.

“I am convinced Cytora can help the insurance industry to digitize risk, accelerate competitive differentiation, reduce costs and ultimately enable a step change in client, broker and insurer experience, through better data, new insights and accelerated processing,” Platt said.

Richard Hartley, CEO of Cytora, also expressed his enthusiasm about Platt's appointment.

“The transformative opportunity presented by artificial intelligence is a top board level priority and it is a complex area for insurance companies to successfully harness at scale to achieve enduring outperformance. James will benefit our team, partners and clients with his deep expertise across the risk and insurance value chain,” Hartley said.

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