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Concirrus and Applied Aviation Receive AI Implementation Award at US Insurance Awards

Concirrus and Applied Aviation Honored with AI Implementation Award at US Insurance Awards
New York, September 26, 2025 – Concirrus, a prominent AI underwriting platform specializing in specialty insurance, has been awarded the prestigious "AI Implementation of the Year" at the 2025 US Insurance Awards. This accolade recognizes the successful collaboration between Concirrus and Applied Aviation, a rapidly expanding North American aviation insurer, for their innovative use of artificial intelligence to transform underwriting processes.
Transforming Underwriting with AI
Applied Aviation partnered with Concirrus to modernize its traditionally manual and labor-intensive underwriting workflow. By deploying Concirrus’ aviation-specific Large Language Model (LLM) platform, Applied Aviation has dramatically accelerated its risk analysis and quoting capabilities. Tasks that once required up to 36 hours can now be completed in under five minutes. The AI system efficiently interprets broker submissions and integrates smoothly into existing operational frameworks, enabling underwriters to concentrate on strategic decision-making rather than routine data processing.
The implementation has yielded significant improvements, including automated risk triage and pricing that enhance consistency, regulatory compliance, and broker communication. Furthermore, Applied Aviation has experienced substantial business growth, more than doubling its gross written premium without a corresponding increase in staffing levels.
Steven Allen, President of Applied Aviation, remarked, “This partnership with Concirrus and the implementation of Concirrus Aviation has been a game changer. We’re now more responsive to brokers and insureds, maintain greater regulatory compliance, and enable our team to focus on strategic risk assessment and client service.”
Industry Implications and Challenges
The success of this initiative highlights the expanding role of AI in specialty insurance, illustrating how advanced technology can improve efficiency, scalability, and service quality without disrupting established operations. Concirrus’ collaboration with Applied Aviation is increasingly regarded as a benchmark for AI-driven transformation in underwriting.
Nonetheless, the rapid integration of AI presents challenges, particularly in merging new technologies with legacy systems without operational disruption. Both companies must also address potential risks associated with AI deployment, ensuring that these tools deliver tangible benefits to clients. The insurance industry is closely monitoring these developments, with regulatory bodies expected to intensify scrutiny of AI-based underwriting to uphold compliance and fairness.
Competition within the insurtech sector is intensifying as firms like Neptune Insurance expand their AI capabilities. This competitive landscape is anticipated to accelerate innovation, as insurers strive to match or surpass the efficiencies achieved by early adopters such as Concirrus and Applied Aviation.
Andy Yeoman, CEO of Concirrus, stated, “We’re proud to see this partnership recognized on one of the biggest stages in US insurance. This win demonstrates the practical, measurable impact of AI when it’s built with deep industry knowledge and implemented to enhance, not replace, underwriters’ expertise.”
About Concirrus
Concirrus provides technology solutions tailored for specialty and commercial insurance markets, facilitating automation, data-driven decision-making, and real-time portfolio management. Its platform supports a diverse range of specialty lines, including property, aviation, transportation, marine, surety, construction, and political violence & terrorism (PV&T). Trusted by leading insurers worldwide, Concirrus continues to drive innovation across the insurance sector.
For further information, visit concirrus.ai.

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