Overview
CONCIRRUS is a London-based AI-driven specialty insurance platform founded in 2012 by Andrew Yeoman, Craig Hollingworth, and Vinod Singh. The company provides intelligent underwriting solutions for specialty insurers and underwriters operating in complex lines such as aviation, marine, transportation, construction, and political violence. CONCIRRUS enables insurers to process risk data faster, make smarter underwriting decisions, and reduce cycle times for quote and bind.
The company has raised USD 51 million across multiple funding rounds, with major investors including AlbionVC (Series B lead), CommerzVentures, Kings Arms Yard VCT, Eos Venture Partners, IP Group, and IQ Capital Partners. CONCIRRUS operates from London and has assembled a team of specialists in data analytics, AI, and machine learning dedicated to the specialty insurance sector.
In 2025, CONCIRRUS delivered record revenues with year-on-year ARR growth exceeding 100% and expanded its presence in North America. The company became the first insurtech worldwide to earn triple AI, security, and data trust certifications (ISO/IEC 42001, ISO/IEC 27001, and SOC 2 Type II) and was named AI Implementation of the Year at the US Insurance Awards 2025.
Products & Services
Inspire
An AI-native underwriting platform designed for specialty insurance markets, enabling insurers to leverage structured and unstructured data for faster and more accurate risk assessment and pricing.
Key Features
- AI-powered risk assessment and pricing
- Structured and unstructured data ingestion
- Real-time portfolio analytics
- Underwriting workbench with workflow automation
- Submission triage and routing
Target Users: Specialty underwriters in aviation, marine, transportation, construction, and political violence
Concirrus Property
An AI-native platform designed to accelerate quote processing for property insurance underwriting, reducing submission-to-quote time from days to minutes.
Key Features
- AI-accelerated quote generation
- Property risk data processing
- Rapid submission-to-bind workflow
Target Users: Property underwriters and carriers seeking faster turnaround on commercial property risks
Quest
Data and analytics platform for specialty insurance risk intelligence.
Key Features
- Telematics and IoT data integration
- Risk scoring and benchmarking
- Portfolio performance analytics
Target Users: Specialty insurers seeking data-driven risk intelligence
At a Glance
- Founded
- 2012
- Headquarters
- London, United Kingdom
- Employees
- 51-200
- Funding
- Series B (USD 51M total)
Category & Focus
- Category
- Underwriting & Risk
- Subcategories
- AI/ML Specialty Insurance Risk Analytics Underwriting Workbench
- Insurance Verticals
- Specialty/E&S P&C Commercial Reinsurance
- Target Customers
- Carriers, MGAs/MGUs, Reinsurers
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Last updated: 2026-05-11