London based insurtech, Concirrus, has announced it has formed a new advisory panel comprised of experienced global insurance and technology market experts.
Over the last two years, Concirrus has grown its client base of respected market leaders including Hiscox, Marsh, Willis Re and numerous P&I clubs. In 2020, the business reinforced its market leader position with Beazley, AEGIS London and Arch Insurance being added to its client base.
Concirrus has announced the new advisory panel, which includes Paul Jardine, ex-COO of Catlin; David Croom-Johnson, MD of AEGIS London; Jonathan Ibbott, ex-COO of AXA XL’s Specialty unit; Jeremy Roche, ex-CEO of FinancialForce; Martin Henley, ex-CIO at AXA and XL Catlin; and Professor Andy Pardoe, a global expert in AI and machine learning.
Paul Jardine said: “I’ve been really impressed with the Concirrus offering and the strength of its management team and I strongly believe that there are enormous opportunities for the business to reshape the insurance industry. The panel is much more than a network – it’s about providing Concirrus with extensive experience and knowledge in a collaborative and supportive environment, away from the day-to-day travails of a growing tech company.”
Andrew Yeoman, Concirrus CEO, commented: “As insurance companies and the market begins to digitise, we are looking to play a key supporting role. This advisory panel allows us to bring together a unique set of skills and knowledge to help speed this transformation and guide our company.”
Henley added: “I am a great believer that how the insurance industry manages to utilise today’s technology to understand data will change the industry forever. Concirrus is at the heart of this change and I am excited and proud to be involved in this panel, which has the opportunity to drive data innovation. The majority of insurers are struggling with the problem of how best to harness the vast amount of data that is now available. Concirrus has the means and talent to help solve this challenge for the industry, and this will change the face of underwriting.”