Concirrus

The UK Government's Call to Action: Addressing the Risks of Russia's Shadow Fleet  The UK government has issued a call to action to tackle the significant risks posed by Russia's shadow fleet. This initiative puts increasing pressure on the marine insurance market to implement comprehensive and robust compliance screening tools. 🔍 Why Should We Care?  1. Global Security: These shadow fleets facilitate illegal trade and potentially fund criminal and terrorist activities, posing a serious threat to international security.  2. Environmental Impact: Often poorly maintained, these ships are at higher risk of accidents and oil spills, causing severe damage to marine ecosystems.  3. Economic Fairness: Legitimate businesses face unfair competition from those operating outside the law, distorting market dynamics. 🌐 Introducing Our Sanctions Solution  In response to this need, we have launched a fully integrated compliance solution designed to help insurers streamline the complex task of managing sanctions regimes in a dynamic global environment. ✨ Key Features of Our Solution:  Seamless Integration: Our sanctions solution is fully integrated into the Quest One platform, enabling you to manage your portfolio from a single system.  Class-Leading Datasets: Leverage the robust datasets from S&P Global to ensure comprehensive compliance and monitoring.  Enhanced Risk Management: Reduce risk and ensure continuous tracking and monitoring with our state-of-the-art technology. 🌍 A Unified Global Effort  With 45 countries endorsing the call to action, it is imperative to leverage technology that can help organisations mitigate risk and ensure robust compliance. 🔗 Contact Us for More Information 

🚀 Exciting News from Concirrus! 🚀 We are thrilled to announce the completion of our Quest One platform with the launch of a new sanctions module, developed in partnership with S&P Global. This collaboration combines Concirrus' advanced AI-driven capabilities with S&P Global's extensive sanctions data, completes the development of the marine market’s first and only complete risk management solution – Quest One. Streamlined Compliance: Utilising S&P Global's extensive sanctions data to ensure compliance with evolving regulations. Enhanced Risk Assessment: Leveraging behavioural data and AI for unparalleled insights with the industries largest data set of historical claims AI Powered Submission Capabilities: Ingest, sanctions compliance & ESG check and risk assess submissions in under one minute This partnership is a significant milestone, empowering insurers to navigate the complexities of modern risk management with greater precision and efficiency. Together with S&P Global, we are setting new standards in the industry, making it easier for insurers to manage risks and comply with global sanctions. https://lnkd.in/eCmbkHd9 Find our more about Quest One here: https://concirrus.ai/ #Insurance #InsurTech #AI #RiskManagement #Innovation #MarineInsurance #Partnership

We are hiring! We are looking for a talented Data Science Manager to lead our dynamic Data Science Team. Apply now to be part of an exciting journey at Concirrus! https://lnkd.in/ew944ZEj

We are hiring! The Concirrus team is looking for a talented Senior Data Analyst to join the team, apply below! #careers #openroles #seniordataanalyst https://lnkd.in/e_kR4Spt

We are hiring! We are looking for a talented Marketing and Demand Generation Manager to join us. Apply now to be part of an exciting journey at Concirrus! 🚀 https://lnkd.in/ea-zw5pi #careers #MarketingRole #DemandGen

We are hiring! We are looking for a talented Marketing and Demand Generation Manager to join us. Apply now to be part of an exciting journey at Concirrus! 🚀 https://lnkd.in/ea-zw5pi #careers #MarketingRole #DemandGen

Thanks to Jon Guy at Emerging Risks Media for covering my latest thoughts on technology within the marine insurance sector. I strongly believe that as technology innovations evolve, their potential to reshape the industry will only snowball, proving that adoption will no longer be advantageous – it will be essential. Underwriters will continue to be at the heart of this evolution. Utilising tools such as AI and real-time data will mean they can steer their companies towards a future where marine insurance is more dynamic and the rewards of enhanced efficiency, accuracy and competitiveness are nothing short of immense. Read the full article here: https://lnkd.in/eBc7Gbrj

Last month, the Concirrus team hosted our annual executive roundtable. Topics including bridging the cargo data gap, and conflict in the Red Sea and Ukraine were addressed. However there was one topic in particular which we could not ignore: AI. Read on to learn the history of AI, how the Concirrus team stays on top of the latest technology advances and more... https://lnkd.in/edBg-ZW8 #ai #genai #roundtable #aiandinsurance

Another week, another event. Great to be sponsoring and speaking at this one.    This time next week, I’ll be in New York for Marine Insurance Americas bringing to the forefront the very real issue of cargo aggregations.    A timely subject as we continue to navigate the fallout of the unfortunate incident in Baltimore.  If you're heading to the show, I look forward to seeing you there!

Our team is growing! 📈 We are looking for a talented Marketing and Demand Generation Manager to join us. Apply now to be part of an exciting journey at Concirrus! 🚀 https://lnkd.in/ea-zw5pi #Careers #MarketingRole #DemandGeneration