Applied Systems has acquired Cytora, a UK-based technology company specialising in digital risk processing for the insurance market. Through the acquisition, Applied Systems aims to speed up the delivery of its Digital Roundtrip of Insurance strategy. Financial terms of the deal remain undisclosed. Cytora's platform, which is adaptable to various insurance processes, allows for the digitisation of the entire policy life cycle, from initial submission to claims servicing. This includes mid-term adjustme ...