Concirrus Achieves Record Growth in 2025 Amid Robust US Expansion

Concirrus, a prominent player in the specialty insurance market, has marked 2025 as its most successful year to date, reporting unprecedented revenues thanks to an increasing demand for AI-driven underwriting solutions. This impressive feat has been bolstered by a substantial year-on-year increase in annual recurring revenue (ARR) exceeding 100%, a testament to the company's effective growth strategies and market positioning.

A significant contributor to this record performance has been the company’s focused expansion efforts in the United States and Europe, where they have broadened their customer base of carriers and managing general agents (MGAs). The momentum gained during the year positioned the US as a critical growth driver, leading to a strategic acceleration of Concirrus's expansion plans in the region.

Throughout 2025, specialty insurers have increasingly adopted the Concirrus platform, facilitating complex underwriting workflows that align seamlessly with the needs of MGAs and reinsurers. This alignment emphasizes the industry's desire for scalable solutions that enhance market share and improve overall underwriting outcomes while enabling premium growth without the necessity for proportional staff increases.

As submission volumes surged and the demand for quicker quote turnaround times and better portfolio exposure visibility intensified, the Concirrus solution quickly gained traction. The platform supports the underwriting processes from risk intake to renewal, making it an indispensable tool for insurers aiming to remain competitive today.

Concirrus not only responded to the growing demands of its clients but also established a definitive presence in the US market. To support this crucial expansion, the company appointed key senior leadership roles focused on sales, delivery, and market development, including Jake Remes as the Director of Sales for the Americas and Stephen Acunto, Jr. as Market Development Lead in the US. These appointments reflect Concirrus's commitment to enhancing its operational capabilities and customer service.

Matthew Twist, Chief Revenue Officer at Concirrus, noted, “2025 marked a phase of rapid transformation for Concirrus, characterized by sustained growth in every core market, with the US playing a pivotal role in driving demand.” He elaborated on how carriers are gradually opting for integrated solutions that allow for immediate assessment and engagement from the moment a submission is made, enabling businesses to adopt a competitive edge in securing opportunities.

In addition to its commercial successes, Concirrus expanded its global workforce across various functions, including engineering, product development, and customer onboarding, to effectively serve a growing range of specialty insurance lines. This strategic staffing move supports customers from initial risk assessment right through to renewal, reinforcing Concirrus's commitment to comprehensive service in the insurance sector.

As Concirrus enters 2026, it is well-positioned to capitalize on the momentum generated in 2025, aiming to further enhance its AI-first underwriting platform and broaden its influence across specialty insurance markets worldwide. The adaptability and innovation demonstrated by Concirrus reflect its understanding of the evolving landscape of the insurance industry, particularly regarding technology adoption and the pursuit of operational efficiency.

With an acute focus on aligning its offerings with the specific needs of the specialty insurance sector, the company is set to continue its trajectory of success and drive significant advancements in underwriting practices. To explore more about how Concirrus can aid your organization, visit Concirrus' website.