Concirrus

Concirrus is a technology company that sells an underwriting platform to specialty insurers. The platform is called Concirrus Inspire. It helps underwriters take in submissions, find the main risk signals and see how each decision fits the wider portfolio. Aviation is one of the lines it supports.

The site lists the specialty lines it covers. These are aviation, property, surety, construction, political violence and terrorism, and marine. It also names transportation. The company says it builds workflows and risk data for each of these markets.

It says the platform takes in submissions and sorts them automatically, so underwriters can answer in minutes instead of days. Limits, accumulation and exposure are shown while a quote is made. It also says the platform has governed workflows, audit trails and human review points.

The site gives results from its own data. These include a 92 percent cut in time to quote, a 15 percent rise in hit ratio for high value risks and 2.5 times more submissions handled per underwriter each day. It also reports an 85 percent drop in manual systems used.

Customer comments come from insurance firms. One is from the president of Applied Aviation, who says growth came from good technology and underwriting talent. Others come from Applied Specialty Underwriters and UnitedRisk.

The company says it was among the first to use artificial intelligence in commercial insurance. The about page names its founder and chief executive, Andy Yeoman, and other leaders. The website has a demo request, a contact form and a careers page.