Concirrus Celebrates Historic Successes in 2025
LONDON and NEW YORK — Concirrus has concluded 2025 as an unprecedented year in its history, achieving record revenues driven by an increased demand for AI-driven underwriting solutions within global specialty insurance markets.
Significant Year-on-Year Growth
The company has reported remarkable year-on-year Annual Recurring Revenue (ARR) growth exceeding 100%. This vigorous growth is complemented by an expansion of its leadership team and an increasing roster of new carrier and Managing General Agent (MGA) clients across North America and Europe. The company's momentum propelled Concirrus to streamline its US expansion strategy and bolster its leadership presence throughout the Americas.
Adoption of AI-underwriting Solutions
Throughout 2025, specialty insurers have increasingly turned to the Concirrus platform to navigate complex and varied underwriting processes. The platform's features align perfectly with the strategies of specialty MGAs and (re)insurers aiming to boost market share, enhance underwriting results, and expand premium growth without a proportional increase in workforce.
Meeting a Demand for Efficiency
Rising submission volumes, coupled with the need to speed up quoting and improve visibility across portfolios, have led to a surge in the adoption of Concirrus solutions to support underwriting from initial risk intake through renewal stages.
Establishing a Solid US Presence
This year marked the United States as a vital growth engine, with both carriers and MGAs seeking scalable underwriting infrastructures. In response to this trend, Concirrus has created a permanent presence in the US and appointed senior leadership across essential functions such as sales, delivery, and market development.
Noteworthy appointments include:
- Jake Remes, Director of Sales, Americas
- Stephen Acunto, Jr., Market Development Lead, US
Leadership Insights on Growth
Matthew Twist, the Chief Revenue Officer at Concirrus, noted, "2025 marked rapid change for Concirrus, which saw sustained growth across every core market with the US emerging as a significant demand driver. Carriers are decisively moving towards solutions that enable them to quickly assess business right from the moment a submission is received, putting them in a position to secure the business they choose. Our US expansion has been accelerated in response to the scale and urgency of that demand."
Expanding Global Team for Customer Support
In addition to commercial expansion, Concirrus has broadened its global team across engineering, product, and delivery functions. This effort is focused on facilitating customer onboarding across varied specialty lines, further demonstrating the company's commitment to delivering top-notch service to its clientele.
Looking Ahead into 2026
With record growth, an accelerating presence in the US marketplace, and an expanding global reach, Concirrus is entering 2026 in a strong position to scale its AI-first underwriting platform throughout specialty insurance markets worldwide.
About Concirrus
Concirrus is dedicated to providing AI-driven solutions specifically designed for the Specialty Insurance sector, allowing customers to operate with agility and confidence. The platform spans the entire journey from submission ingestion to quote binding and renewal, all accessible through a modern, modular setup. (Re)insurers, MGAs, and brokers leverage this platform to secure more business, cut operational costs, uphold robust policy and portfolio management, and upgrade from outdated technologies.
With a focus on complex specialty use cases, Concirrus delivers line-specific underwriting functionalities along with line-agnostic policy management solutions. These offerings apply seamlessly across direct business, delegated authority, binders, and reinsurance scenarios, establishing Concirrus as a leader in delivering advanced insurance solutions globally.
Frequently Asked Questions
What major milestone did Concirrus achieve in 2025?
Concirrus achieved record revenues and reported above 100% ARR growth, marking its strongest year to date.
What roles were newly established in the US market?
The company established key leadership roles such as Director of Sales and Market Development Lead to enhance its US operations.
How does Concirrus's platform benefit insurers?
The platform allows insurers to streamline underwriting processes, improve speed to quote, and enhance visibility across portfolios.
What are Concirrus's core offerings?
Concirrus offers AI-first underwriting solutions that cover the process from submission ingestion to renewals, helping clients reduce costs and secure business effectively.
What can we expect from Concirrus in 2026?
Concirrus is positioned to continue expanding its innovative underwriting platform and grow its market share in the specialty insurance space worldwide.
