Concirrus reports 204.6% revenue growth amidst challenging insurtech climate

Share!

Reinsurance News - Feb 21, 2024

AI insurtech Concirrus has revealed a 204.6% surge in revenue for the fiscal year ending in December 2023, marking a pivotal shift towards profitability in the latter half of the year. This comes amidst a tumultuous period for the global insurtech sector, which grappled with a sustained decline in f...

Read Full Article

Recommended Articles

AM Best expects US P&C insurance underwriting profitability to persist in 2025

Posted: Oct 10, 2025

According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is se...

US P&C insurance underwriting profitability to persist in 2025: Triple-I and Milliman

Posted: Oct 10, 2025

According to analysis from the Insurance Information Institute (Triple-I) and Milliman, the US prope...

The Fidelis Partnership promotes Sinéad Cunningham to Head of Space

Posted: Oct 10, 2025

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced t...