Suppliers
United Kingdom
Concirrus
Overview
SUPPLIER
MANAGED
Concirrus |
|
United Kingdom | |
2012 | |
Private | |
< $10m | |
11 - 50 | |
Open website |
IoT Snapshot
Technology Stack
Case Studies
Number of Case Studies2
Increased visibility of automotive risk results in business growth
Acorn Insurance, operating in a highly competitive market, was grappling with continuously squeezed margins. The company was in search of a method to enhance their current premium pricing techniques to deliver fair pricing for traditionally high-risk clients. One of their clients, rentE, an on-demand car hire service, was categorized as high-risk by insurers and was thus restricted by high insurance premiums. Given rentE’s innovative business model, it was clear that more accurate risk insights were needed to obtain a fair premium. |
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Enhancing Risk Mitigation in Marine Insurance with Quest Marine
The commercial marine insurance industry is highly competitive, with costs reaching an all-time high. A large commercial marine insurer was seeking ways to improve efficiency through advanced analysis of their portfolio. The insurer was struggling with gaining a clear visibility of vessel behavior, identifying opportunities to grow their business, and mitigating their marine risk exposure. The challenge was to find a solution that could provide a comprehensive analysis of their portfolio, combining policy, claims, and exposure data, and offer actionable insights to enhance risk mitigation. |
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