AI Technology
Pioneers of Artificial Intelligence
in commercial insurance
Reduce the cost and complexity of your operations
with Concirrus's cutting edge technology
We’re passionate about helping insurers leverage technology in new and impactful ways
Concirrus was founded on a belief that Marine Insurance, a mainstay of the market, could be transformed from the abundance of data coming into the market and a new generation of technologies – new insights on risks, processes automated, portfolios optimised. Specifically built for marine insurance by leading insurance practitioners and technologists, our suite of AI-powered analytics and digital capabilities are empowering the market.
Make powerful and differentiated product propositions a reality
Today, Concirrus works with commercial insurance clients to improve loss ratios and reduce operating expenses. Our highly configurable solutions, AI-powered workflow, risk modelling and portfolio monitoring solutions, allow collaboration within teams and across the insurance market. Our goal is to bring practical solutions to the market that address today’s issues and drive towards a vision of automated insurance.
Behavioural data is a better indicator of risk than traditional demographics
With every customer, we’ve delivered insights and new rating factors that simply did not exist before allowing increased profits, the ability to write more business with or without claims history and reduce administration costs.
Quantify Risk
Concirrus leverages advanced data analytics and machine learning to quantify risk with unprecedented accuracy, empowering insurers to make more informed decisions.
Reduces Losses
By utilising real-time data and predictive analytics, Concirrus helps insurers proactively identify and mitigate potential risks, significantly reducing losses.
Boost Profits
Concirrus drives profitability for insurers by enhancing risk assessment and improving underwriting precision. These advancements lead to streamlined operations, reduced costs, and superior financial performance.
Meet our leadership team
Our approach
You can expect:
Our team works closely with every customer to deliver insights and rating factors that simply didn’t exist before, allowing increased profits, the ability to write more business with or without claims history, and reduced administration costs.
A driven and forward-looking approach that makes powerful propositions a reality
An engaged and supportive team, with deep understanding of Insurers’ needs
Commitment to R&D and finding new, impactful solutions for the insurance industry
Industry Insights
PODCAST: Navigating the Future of Marine Insurance: ESG, InsurTech, and the Road to Net Zero
The maritime industry stands at a pivotal moment. With the International Maritime Organization (IMO) setting its sights on net-zero emissions by 2050, the ripple effects are being felt across the
Why Loss Runs Are Silently Sabotaging Your Underwriting Edge
Let’s cut to the chase: loss run processing is the bottleneck slowing down specialty insurance. While the industry obsesses over digital transformation, underwriters are still stuck in a tedious, error-prone
Construction: A Blueprint for tech-enabled Underwriting?
Re-laying the foundations Affectionately referred to by some as ‘a bit spit and sawdust’ when I joined the industry in 2000, Construction wasn’t necessarily the first line of business, I
Concirrus Transforms Specialty Underwriting with Near 100% Submission Accuracy and Instant Rating Capabilities
London, January 28, 2025 – Concirrus, a global leader in insurtech innovation, has introduced transformative technology that delivers an unheard-of near 100% out-of-the-box accuracy in submission ingestion combined with instant
Causing a commotion: The changing Political violence and terrorism insurance landscape
2024 was an historic election year: 50 countries including the United States, UK, India, South Africa and a range of European nations and their 2 billion+ voters headed to the
Construction 4.0: Why the construction industry must embrace technology
The construction industry, one of the oldest and most essential sectors in human history, is facing a critical turning point. As global demands for infrastructure, housing, and sustainable development continue
Concirrus unveils revolutionary construction insurance product, empowering specialty insurers with advanced AI capabilities
London, October 9th 2024 – Concirrus, the leading AI-powered solution for the insurance sector, proudly announces the launch of its cutting-edge construction insurance product, set to change how insurers assess
The resumption of Houthi attacks: Implications for maritime security and how technology can help navigate new risks
The maritime industry is no stranger to geopolitical tensions, and recent events underscore the ever-present threat to global shipping. Today, a dark fleet tanker was struck and began taking on
The incident in the Barents Sea: A new wake-up call for ocean risks?
The oceans, long seen as vast, serene, and bountiful, are becoming hotbeds of geopolitical tension and risk. This reality was brought into sharp focus recently when a Norwegian fishing boat
The future of tech-enabled MGAs: Automation driving premium valuation and growth potential
Managing General Agents (MGAs) are increasingly standing out in the insurance industry, with tech-enabled MGAs set to command even higher valuations. Automation plays a critical role in this, helping streamline
PODCAST: Navigating the Future of Marine Insurance: ESG, InsurTech, and the Road to Net Zero
The maritime industry stands at a pivotal moment. With the International Maritime Organization (IMO) setting its sights on net-zero emissions by 2050, the ripple effects are being felt across the
Why Loss Runs Are Silently Sabotaging Your Underwriting Edge
Let’s cut to the chase: loss run processing is the bottleneck slowing down specialty insurance. While the industry obsesses over digital transformation, underwriters are still stuck in a tedious, error-prone
Construction: A Blueprint for tech-enabled Underwriting?
Re-laying the foundations Affectionately referred to by some as ‘a bit spit and sawdust’ when I joined the industry in 2000, Construction wasn’t necessarily the first line of business, I
Concirrus Transforms Specialty Underwriting with Near 100% Submission Accuracy and Instant Rating Capabilities
London, January 28, 2025 – Concirrus, a global leader in insurtech innovation, has introduced transformative technology that delivers an unheard-of near 100% out-of-the-box accuracy in submission ingestion combined with instant
Causing a commotion: The changing Political violence and terrorism insurance landscape
2024 was an historic election year: 50 countries including the United States, UK, India, South Africa and a range of European nations and their 2 billion+ voters headed to the
Construction 4.0: Why the construction industry must embrace technology
The construction industry, one of the oldest and most essential sectors in human history, is facing a critical turning point. As global demands for infrastructure, housing, and sustainable development continue
Concirrus unveils revolutionary construction insurance product, empowering specialty insurers with advanced AI capabilities
London, October 9th 2024 – Concirrus, the leading AI-powered solution for the insurance sector, proudly announces the launch of its cutting-edge construction insurance product, set to change how insurers assess
The resumption of Houthi attacks: Implications for maritime security and how technology can help navigate new risks
The maritime industry is no stranger to geopolitical tensions, and recent events underscore the ever-present threat to global shipping. Today, a dark fleet tanker was struck and began taking on
The incident in the Barents Sea: A new wake-up call for ocean risks?
The oceans, long seen as vast, serene, and bountiful, are becoming hotbeds of geopolitical tension and risk. This reality was brought into sharp focus recently when a Norwegian fishing boat
The future of tech-enabled MGAs: Automation driving premium valuation and growth potential
Managing General Agents (MGAs) are increasingly standing out in the insurance industry, with tech-enabled MGAs set to command even higher valuations. Automation plays a critical role in this, helping streamline
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