Concirrus

Concirrus

Andy Yeoman and Vinod Singh founded Concirrus to apply machine learning to specialty insurance underwriting, targeting lines where sparse claims data make traditional actuarial methods unreliable. The firm operates as a pure software vendor, not an MGA or risk-bearing entity. Its platform sits inside insurer workflows, ingesting structured and unstructured data to generate rating factors and risk scores. This is a technology sale to underwriting teams, not a capital deployment model. The platform covers aviation, marine, transportation, surety, construction, and political violence and terrorism. Concirrus positions its tool for both new business and renewal underwriting, with a focus on quantifying risk where claims history is thin. The distribution model is direct enterprise software; the firm does not publicly confirm any broker or marketplace channel. No named insurer clients, fund structures, or co-investors are disclosed. Geographic footprint from the firm’s website is limited to the United Kingdom, with no mention of additional offices. Personnel listings show six named principals including CEO Andy Yeoman, President Vinod Singh, and a product-and-strategy director, a commercial director, a VP of engineering, and a head of HR. Professional headcount is not published. The firm does not disclose total capital raised, revenue, or any adjacent vehicles such as a venture fund or philanthropic arm. No operational event from the last 24 months — no funding round, board appointment, or product launch — is publicly confirmed. Concirrus’s structural difference is its narrow focus on AI for specialty lines, a segment where large underwriting-platform incumbents are still adapting. The firm’s architecture is that of a technology company, not an insurer or a family office; it sells a software subscription to insurance carriers rather than participating in underwriting profits or portfolio returns. Governance and ownership beyond the two named co-founders remain opaque.