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
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
We’ve won the Best Use of AI – Service Provider award at the Insurance Times Tech & Innovation Awards 2024!
We are thrilled to announce that we have been awarded Best Use of AI – Service Provider at last night’s Insurance Times Tech & Innovation Awards 2024! This achievement is
Concirrus deepens ESG commitment through strategic partnership with 90 North Foundation to safeguard the Arctic Ocean
London, September 18th 2024 – Concirrus, the leading provider of AI-powered maritime insurance solutions, is proud to announce a partnership with the 90 North Foundation, reinforcing the company’s dedication to
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
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
We’ve won the Best Use of AI – Service Provider award at the Insurance Times Tech & Innovation Awards 2024!
We are thrilled to announce that we have been awarded Best Use of AI – Service Provider at last night’s Insurance Times Tech & Innovation Awards 2024! This achievement is
Concirrus deepens ESG commitment through strategic partnership with 90 North Foundation to safeguard the Arctic Ocean
London, September 18th 2024 – Concirrus, the leading provider of AI-powered maritime insurance solutions, is proud to announce a partnership with the 90 North Foundation, reinforcing the company’s dedication to
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
See Quest One in action
Learn more about Quest One’s quantifiable benefits by booking a demo with one of the team today
