#London #United Kingdom #Underwriting #Concirrus #AI-first

Concirrus Achieves Unprecedented Growth in 2025

In an impressive turn of events, Concirrus has celebrated 2025 as its strongest fiscal year to date, showcasing remarkable revenue figures propelled by the increasing demand for AI-first underwriting solutions across global specialty insurance sectors. This growth is not just a mere blip on the radar; it represents a fundamental shift in how specialty insurers operate and compete in a rapidly evolving marketplace.

Overview of Achievements

Throughout 2025, Concirrus recorded an astounding year-over-year annual recurring revenue (ARR) growth exceeding 100%. This impressive metric reflects not only strong sales but also the company’s ability to attract and retain a diverse client base that now includes new carriers and MGA customers across the United States and Europe. As a response to this rising demand, Concirrus dramatically accelerated its strategy for US market expansion, along with a notable increase in leadership presence throughout the Americas.

The platform developed by Concirrus has gained traction among specialty insurers, facilitating support for intricate and varied underwriting workflows. The capabilities of their technology align with the objectives held by specialty MGAs and (re)insurers—aimed at increasing market penetration, enhancing underwriting outcomes, and promoting premium growth without the requisite increase in workforce.

Insights into Demand Dynamics

As submission volumes continually rise, insurers are under increasing pressure to improve their responsiveness, particularly in quoting and exposure visibility across their portfolios. This evolving context has contributed to the growing adoption of the Concirrus platform. It enables users to manage the whole underwriting cycle efficiently, from risk intake all the way to renewal processes.

The U.S. market has distinctly emerged as a significant growth engine for Concirrus. Insurers and MGAs within the country have become more inclined to seek out scalable underwriting infrastructures that can accommodate growing operations. To bolster growth in this competitive landscape, Concirrus has established a permanent operational base in the U.S., complemented by the appointment of senior leadership specifically in sales, service delivery, and market development. Key appointments include Jake Remes as Director of Sales for the Americas and Stephen Acunto, Jr. as Market Development Lead for the U.S.

Leadership Commentary

Matthew Twist, Chief Revenue Officer at Concirrus, commented, “2025 marked rapid change for Concirrus, which saw sustained growth across every core market, the U.S. being a significant driver of demand. Carriers are moving decisively towards solutions that allow them to rapidly assess business from the moment a submission arrives, positioning them to win the business they choose.”

Adding weight to this perspective, Jake Remes noted, “The U.S. specialty market increasingly demands underwriting infrastructure that can effortlessly scale across teams, regions, and various lines of business. We are witnessing considerable engagement from carriers and MGAs eager to accelerate their processes from submission to decision-making while preserving underwriting intent.”

Broader Innovations and Staffing

Beyond commercial success, Concirrus has broadened its global workforce across engineering, product development, and service delivery operations, ensuring that customer onboarding is seamless across various specialty lines. The strategic investments in human capital coincide with their record growth and intensified traction in the U.S., setting a trajectory for sustained success into 2026 and beyond.

As it enters 2026, Concirrus is positioned to continue scaling its AI-first underwriting platform across specialty insurance markets worldwide, making strides to redefine industry standards while embracing innovative technologies that support swift and efficient underwriting processes.

About Concirrus

Concirrus stands at the forefront of technology solutions within the specialty insurance sector, focusing on AI-driven innovation. Their modular platform facilitates everything from submission processing to quoting and binding, empowering (re)insurers, MGAs, and brokers to enhance their business outcomes, minimize operational costs, uphold robust policy and portfolio controls, and replace outdated technology. Specially designed for complex specialty scenarios, Concirrus offers line-specific underwriting functionalities alongside comprehensive policy management solutions that are applicable across various business models.

To discover more about their pioneering solutions, visit Concirrus or reach out via email at [email protected]