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
Concirus enhances profitability for insurers by optimizing risk assessment and improving underwriting accuracy, leading to more efficient operations and better financial outcomes.
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
Hellenic Hull Management and Concirrus driving Digital Transformation in underwriting business
London, September 11th 2024 – Concirrus, the leading provider of AI-powered marine insurance intelligence, today announced that they have joined forces with Hellenic Hull Management (HMA), to enhance and optimise
Our Submission module for Construction has arrived. Process a submission in just 90 seconds
We are thrilled to announce the launch of our Construction Submission Module, designed to transform how specialty insurers assess and manage risk in the construction industry. In an industry where
Product Release: Fleets Offering Now Part of Quest One
Concirrus’ latest sanctions module provides the marine market’s first and only complete risk management solution – Quest One
Concirrus Launches Aviation Solution, Boosting Underwriting Efficiency by Over 400% with Applied Aviation as First Customer
London, May 13th 2024 – Concirrus announces the launch of a pioneering solution aimed specifically at the General Aviation insurance market. This contemporary set of capabilities addresses a pressing need
Concirrus Partners with Insurity to Develop and Deliver Predictive Data Models for Enhanced Cargo Risk Management and Pricing Insights
As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits. Insurity, a leading provider of cloud-based
AI and Insurance
Last month, the Concirrus team hosted our annual executive roundtable. Topics including bridging the cargo data gap, and conflict in the Red Sea and Ukraine were addressed. However there was
Dun & Bradstreet and Concirrus partner to help solve cargo aggregation and visibility challenges for (re)insurers
This unique partnership tackles unknown port, vessel, and ultimately warehouse cargo aggregations amidst rising global trade disruptions Dun & Bradstreet, a leading global provider of business decisioning data and analytics,
Driving Improvements in Insight to lead positive change
Better insights through digitalisation are the only way that the marine insurance market will achieve its goals of maximising visibility, vastly improving risk assessment capabilities and reaching full confidence levels
Personal reflections from a week of market insight
Presenting, listening, and talking to the market at last week’s Cargo Insurance London and Marine Insurance London events brought into sharp focus the unpredictability of the market we operate in.
Hellenic Hull Management and Concirrus driving Digital Transformation in underwriting business
London, September 11th 2024 – Concirrus, the leading provider of AI-powered marine insurance intelligence, today announced that they have joined forces with Hellenic Hull Management (HMA), to enhance and optimise
Our Submission module for Construction has arrived. Process a submission in just 90 seconds
We are thrilled to announce the launch of our Construction Submission Module, designed to transform how specialty insurers assess and manage risk in the construction industry. In an industry where
Product Release: Fleets Offering Now Part of Quest One
Concirrus’ latest sanctions module provides the marine market’s first and only complete risk management solution – Quest One
Concirrus Launches Aviation Solution, Boosting Underwriting Efficiency by Over 400% with Applied Aviation as First Customer
London, May 13th 2024 – Concirrus announces the launch of a pioneering solution aimed specifically at the General Aviation insurance market. This contemporary set of capabilities addresses a pressing need
Concirrus Partners with Insurity to Develop and Deliver Predictive Data Models for Enhanced Cargo Risk Management and Pricing Insights
As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits. Insurity, a leading provider of cloud-based
AI and Insurance
Last month, the Concirrus team hosted our annual executive roundtable. Topics including bridging the cargo data gap, and conflict in the Red Sea and Ukraine were addressed. However there was
Dun & Bradstreet and Concirrus partner to help solve cargo aggregation and visibility challenges for (re)insurers
This unique partnership tackles unknown port, vessel, and ultimately warehouse cargo aggregations amidst rising global trade disruptions Dun & Bradstreet, a leading global provider of business decisioning data and analytics,
Driving Improvements in Insight to lead positive change
Better insights through digitalisation are the only way that the marine insurance market will achieve its goals of maximising visibility, vastly improving risk assessment capabilities and reaching full confidence levels
Personal reflections from a week of market insight
Presenting, listening, and talking to the market at last week’s Cargo Insurance London and Marine Insurance London events brought into sharp focus the unpredictability of the market we operate in.
See Quest One in action
Learn more about Quest One’s quantifiable benefits by booking a demo with one of the team today
