Concirrus Achieves Triple Certification in AI, Security, and Data Trust - Revolutionizing Insurance Underwriting

Concirrus Sets a New Benchmark in Insurtech

In a groundbreaking achievement, Concirrus has become the first insurtech globally to secure three esteemed certifications: ISO/IEC 42001 for AI Governance, ISO/IEC 27001 for Information Security Management, and SOC 2 compliance. This triple certification is a testament to Concirrus’s commitment to trust, transparency, and responsible governance in the ever-evolving world of AI-driven underwriting.

The landscape of technology is rapidly shifting, with many providers increasingly adopting AI governance and information security standards. However, Concirrus has distinguished itself by integrating these standards with the rigor of SOC 2 attestation, thereby offering the most comprehensive assurance for insurers and brokers. According to Concirrus CEO Andy Yeoman, "Winning in insurance is no longer just about speed and accuracy – it's about trust."

The ISO/IEC 42001 certification validates Concirrus’s adherence to the world's first recognized AI management system standard. This certification ensures the responsible development, deployment, and monitoring of AI models. The ISO/IEC 27001 certification highlights robust measures around information security that safeguard customer data’s confidentiality, integrity, and availability. When combined, these certifications serve to underscore Concirrus’s leadership in security, privacy, and governance in the insurtech arena.

Ruth Polyblank, Product and Strategy Director at Concirrus, emphasized the urgency within the industry, stating, "Insurers face growing pressure to adopt AI responsibly while satisfying increasing regulatory and broker expectations. Achieving this 'triple crown' of trust removes uncertainty and empowers our clients to innovate." The implications of this certification are profound, especially for those utilizing AI submission automation, guaranteeing unparalleled speed-to-quote while ensuring that every submission is processed securely and compliantly.

Through rigorous independent audits, Concirrus has demonstrated adherence to global best practices across AI governance, risk management, information security, and data handling. The result is a platform that not only accelerates underwriting processes but does so with integrity and reliability.

Concirrus's innovative solutions intersect multiple specialty lines, covering areas such as property, casualty, aviation, transportation, marine, construction, political violence, and terrorism. By transforming complex underwriting challenges into swift, quote-ready decisions, Concirrus empowers insurers to unlock smarter risk selection and create more profitable business portfolios.

Concirrus is committed to reshaping the insurance landscape by equipping insurers with AI-driven technology that is not only responsive but also profoundly responsible. Its recent certifications not only solidify its place as a trailblazer in the industry but also set a new standard for responsible underwriting practices that others may aspire to.

For more information about Concirrus and its innovative technology solutions, visit Concirrus.ai.