Andrew Yeoman: Co-founder and CEO, Concirrus: Real time insurance for a real time world (244)

Concirrus was founded in 2012 and has evolved to become one of the leaders in supporting marine underwriting through tracking ships and managing data. Today the company is expanding into a platform for multiple risk types and provides analytics into areas including aviation and liability. The goal is to make all underwriters as smart as the smartest underwriter in a company using AI tools. With his fourth appearance on the InsTech podcast and third dedicated interview, Co-founder and CEO Andy Yeoman explains to Matthew Grant the lessons and insights since founding the business.

Topics include: 

• Creating “decision optimizations solutions” and what they are
• How to make technology work better for underwriters
• What it means to move AI from a point solution to a platform solution
• Lessons from Silicon Valley to Silicon Roundabout
• When looking to the future, consider the “but for…
• Why insurers should study the designed instability of the F-35 fighter jet

If you like what you're hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.

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Continuing Professional Development - Learning Objectives

InsTech is accredited by The Chartered Insurance Institute (CII). By listening to any InsTech podcast, you can claim up to 0.5 hours towards your CPD scheme.

By the end of this podcast, you should be able to meet the following Learning Objectives:

• Describe the different components of an optimisation solution and how to implement each one
• Identify the key advantages of using a platform system with AI instead of a single-use approach
• Explain the significance of advanced technology to create underwriting efficiencies

If your organisation is a member of InsTech and you would like to receive a quarterly summary of the CPD hours you have earned, visit the Episode 244 page of the InsTech website or email cpd@instech.co to let us know you have listened to this podcast.

To help us measure the impact of the learning, we would be grateful if you would take a minute to complete a quick feedback survey.