Applied Systems, an innovative insurance software provider, has acquired Cytora, a London-based AI-driven insurtech with over 100 employees that specializes in digital risk processing for the insurance sector. Cytora’s platform streamlines the full policy lifecycle—including submissions, mid-term adjustments, endorsements, renewals, and claims servicing—by digitizing intake and automating workflows. The deal broadens Cytora’s global reach, with Applied Systems emphasizing the combined benefits of technology, domain expertise, and data to improve speed, accuracy, and cost efficiency across insurance operations.

Applied Systems Buys Insurtech Cytora