Marine Insurance: 2023 Predictions
As 2022 comes to an end, there will be much trepidation going into the New Year where we are likely to see more restrictive capital, narrower policies, and a continued hard market. But, there’s also a lot to look forward to where technology is likely to become an entirely integral and non-negotiable part of placing […]
Interview with our Product Director, James Whitlam
Celebrating three years at Concirrus, Product Director James Whitlam took some time out to tell us about his journey so far… What’s been your biggest highlight? In a broad sense, being able to apply what I have learned throughout my career prior to Concirrus, but now in a completely data driven way with a fast-growing technology company that […]
Codan Marine selects Concirrus’ platform to improve risk prediction
Codan Marine, an innovative and leading marine insurance and service provider in Denmark with offerings in all Northern Europe, has entered a multi-year contract with leading Insurtech, Concirrus, to improve risk insights and prediction to strengthen solutions for customers. Codan Marine has added Concirrus’ data analytics platform, Quest Marine, to their portfolio of advanced tools. This enables them […]
Marine Insurance: The only constant will be change
The first face to face event since 2019 with over 600 delegates in attendance, the IUMI Conference in Chicago last month didn’t disappoint. The overarching theme of the conference was ‘Adapting to a World in Transition’ and this really characterised the presentations and conversations during the week. Whether it’s the changing of market rates, the situation in […]
SCOR taps into Concirrus’ data modelling capabilities
Concirrus’ Marine Hull Market Model to strengthen risk selection. Concirrus, the leading insurtech, has announced today that it is working with one of the world’s largest insurers & reinsurers, SCOR, to improve loss ratios within its marine line of business. Gregory Delaisse, Global Head of Marine for specialty Insurance at SCOR, comments: “Working with […]
Women in Engineering Day Q&A with Ruchi Suthar #INWED22
In celebration of #INWED22, this week we’re highlighting our female engineers and the extraordinary work they do at Concirrus. International Women in Engineering Day aims to celebrate the achievements of women in engineering while raising their profile and encouraging young girls into STEM careers. Here at Concirrus, we are proud that our talented Engineering team is made […]
Mental Health Awareness Week at Concirrus
Last week was Mental Health Awareness Week (MHAW). MHAW is an annual event designed to raise awareness of mental health and addresses the importance of looking after our wellbeing. Hosted by the Mental Health Foundation MHAW is one of the biggest events addressing MH in the UK and globally. Each year there is a theme which is at the center of […]
Q&A with James Whitlam, Data Strategist
Special report: Insurance in times of crisis: Monitoring exposure and sanctions compliance in the Black Sea and beyond. Concirrus has been monitoring exposure in the Black Sea and Sea of Azov in its blog on an ongoing basis. We sat down with James Whitlam, Data Strategist at Concirrus, to discuss the complexities of sanctions compliance and exposure monitoring […]
An underwriters view on automated submissions
As technology makes operations more efficient, and risk analysis more advanced, the time taken for underwriters to triage accounts decreases. Understanding the quality of written business, its source, and why business is not taken up or lost, helps Head Underwriters adjust tactics to meet long-term objectives. The way technology improves placement, team capacity, decision making […]
Monitoring exposure in the Black Sea and Sea of Azov
The following analysis highlights marine hull exposure concentrations as events in Ukraine unfold. The data on this page is updated each weekday. – last updated 08.04.2022 – Watch the video below to learn more about setting zones and port alerts in Quest. Method Polygons of 0.5 degrees have been applied to the areas […]