Concirrus
Concirrus, a London company, sells AI underwriting software for aviation and specialty insurers, extracting submission data and producing quotes automatically.
Founded in 2012 with 51 to 200 staff, it uses large language models in its Inspire aviation underwriting workbench. It claims submission handling cut from 36 hours to under five minutes and won AI Implementation of the Year at the 2025 US Insurance Awards. No insurer customer is named in the register.
No verified deployments yet
Concirrus is profiled in the companies register, but no deployment has been verified against published evidence. Records are added as evidence is reviewed and graded.
Products & Solutions
1 productConcirrus Inspire - Aviation Underwriting Workbench
An AI-native specialty insurance underwriting platform with a dedicated aviation line. The aviation module ingests broker submissions, extracts risk signals using large language models, automates risk triage and pricing, and keeps portfolio exposure visible at point of quote.
Aviation underwriters spend up to 40% of their time on non-value-adding tasks such as manual data entry, document chasing, and paperwork. The platform reduces submission processing from up to 36 hours to under 5 minutes, improving quote-to-bind conversion rates and underwriter capacity without adding headcount.
- AI-powered submission ingestion and structuring in under 90 seconds
- Aviation-specific large language model for risk signal extraction
- Automated risk triage and pricing with 97% out-of-the-box accuracy
- Portfolio exposure visibility at point of quote
3 more features
- Governed workflows with auditable logic and human-in-the-loop controls
- Supports London Market and global aviation portfolios
- 14% improvement in quote-to-bind ratios reported by customers
Technical specifications (3)
- LLM-based document ingestion and risk extraction
- AI-native architecture with embedded intelligence across data extraction, signal analysis, risk prioritisation, decision support, and portfolio visibility
- Integrates with existing underwriting workflows
Profile data from the Aerostack companies register; deployment records from the verified register. Evidence grades: T1 first-party confirmation, T2 credible reporting. See Our approach for how records are graded.