Concirrus Launches AI-Driven Property Underwriting Platform

September 06, 2025
Concirrus has introduced Concirrus Property, an AI-native platform that significantly reduces the time for insurers to issue quotes, as announced in a press release.

Concirrus has launched Concirrus Property, an AI-first platform designed to expedite the property underwriting process, announced in a press release. This new platform aims to cut the time from submission receipt to quote issuance from days to mere minutes.

The traditional manual processes in property and casualty insurance often involve repetitive tasks that slow down underwriters. Concirrus Property addresses this by providing a fully enriched dataset in seconds, allowing underwriters to issue quotes up to 98% faster. This efficiency enables underwriters to focus on writing more business and making informed risk decisions.

The platform is particularly suited for businesses dealing with complex commercial property risks, including commercial real estate, high-TIV portfolios, and catastrophe-exposed zones. Early adopters have reported significant improvements in processing times and quote-to-bind ratios, allowing them to scale operations without increasing costs or headcount.

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