Concirrus Records Unprecedented Growth in 2025
Concirrus has announced a remarkable close to its year, achieving record revenues and marking 2025 as the strongest year in its business history. This success is largely fueled by growing demand for its AI-first underwriting solutions across specialty insurance markets worldwide.
Sustained Growth and Leadership Expansion
The company reported a year-on-year increase in Annual Recurring Revenue (ARR) exceeding 100%. This impressive growth corresponds with an expansion of its leadership team and a steadily increasing customer base of new carriers and MGAs. This momentum has been a driving force behind Concirrus's strategy to enhance its presence in the US market.
Leading the Charge in Underwriting Solutions
Throughout the year, specialty insurers have increasingly turned to the Concirrus platform to streamline complex underwriting workflows. The unique capabilities of the platform align perfectly with the goals of specialty MGAs and (re)insurers aiming to enhance market share, improve underwriting results, and grow their premiums without needing a proportional increase in workforce.
US Market Emerges as Growth Engine
The US market emerged as a significant growth driver during 2025. Insurers and MGAs are eager for scalable underwriting infrastructures to support their operations. To capitalize on this growth, Concirrus has established a permanent presence in the United States, appointing senior leadership to oversee sales, delivery, and market development.
Key Leadership Appointments
Among the new appointments, Jake Remes has stepped in as the Director of Sales for the Americas, and Stephen Acunto, Jr. has taken on the role of Market Development Lead for the US. These key positions aim to enhance Concirrus's capabilities in meeting the swift demands of the specialty insurance market.
Matthew Twist, Chief Revenue Officer of Concirrus, remarked on the transformative changes taking place. He highlighted that the US market has been instrumental in pushing the company toward timely solutions for rapid assessment and engagement right from the moment a submission is received. This focus is essential for positioning them to secure desired business.
Strategic Growth Amidst Industry Changes
Concirrus's growth trajectory encompasses not just commercial evolution but also a significant expansion of its global team. This includes an increase in engineering, product development, and customer delivery functions to ensure efficient onboarding for clients across various specialty lines.
Record Growth and Future Vision
As Concirrus looks ahead to 2026, it is poised to leverage its record growth, robust traction within the US specialty insurance market, and an expanding global operational footprint. The strategic integration of its AI-first underwriting platform will continue to drive value in institutions worldwide.
About Concirrus
Concirrus stands as a prominent technology firm dedicated to delivering innovative AI-first solutions tailored for the Specialty Insurance industry. By facilitating rapid and confident operations for its clients, Concirrus enables a seamless journey from submission intake to quote, binding, and renewal through its modern, modular platform.
The solutions provided by Concirrus address diverse needs by offering line-specific underwriting capabilities alongside general policy management solutions, effectively catering to direct business, delegated authority, binder, and reinsurance scenarios.
As a true partner in their clients' successes, Concirrus supports customers worldwide, guiding them from risk assessment through to renewal actions.
Frequently Asked Questions
What drove Concirrus's record revenue in 2025?
The record revenue was driven by a significant increase in demand for AI-first underwriting solutions, with a year-on-year ARR growth exceeding 100%.
Why is the US market significant for Concirrus?
The US market emerged as a major growth engine for Concirrus, showcasing strong demand for scalable underwriting infrastructure and leading to strategic expansion.
What leadership changes occurred during this period?
Concirrus appointed new senior leadership in the US, including Jake Remes as Director of Sales and Stephen Acunto, Jr. as Market Development Lead.
How does Concirrus cater to its clients?
Concirrus offers a comprehensive AI-first underwriting platform that supports clients from submission intake through to quoting, binding, and renewal.
What are the future projections for Concirrus?
With its expanding global presence and strong performance in the US market, Concirrus is well-positioned to continue scaling its AI-first underwriting solutions across specialty insurance markets.
