Markel selects Concirrus’ Quest Marine platform

Specialist insurer Markel International has partnered with London-based insurtech Concirrus for its behaviour-based data analytics platform Quest Marine.

The insurer plans to use behavioural insights to accurately assess and monitor marine risk in real-time as an additional underwriting tool.

Daniel McCarthy, head of hull and war at Markel International, said: “It’s vital we implement technologies that help us elevate performance, whilst maintaining our traditional customer-centric perspective. Concirrus’ platform provides a comprehensive view of risk and enables us to use digital data to gain further insights into the drivers of risk.”

Andrew Yeoman, CEO of Concirrus, said: “Markel is a staple of specialty insurance, leading a global portfolio of marine risks. We are looking forward to working with Markel International to tackle the issues facing a rapidly changing industry.”