Concirrus, the leading insurtech, is using its Quest Marine Hull and Quest Cargo solutions to deliver a digital transformation programme for Howden, the international insurance broker.
Quest Marine Hull interprets a multitude of complex datasets simply, efficiently and in real-time for a continuously updated understanding of a programme.
“By working with Concirrus, we can better support our clients with insights that inform better risk management. The Concirrus elements not only allow us to see what’s happened, but they also allow us to analyse a range of scenarios, inform better discussions with markets and ultimately optimise clients’ insurance programmes.”
Howden will also be the first company in the broker market to utilise Quest Cargo to inform the development of xTrade Cargo, its new digital platform for cargo business. Jonathan Eaton, Global Head of Cargo at Howden comments: “Integrating the insight available in Quest Cargo will enhance the new products and services we’re developing. It’s not just about more data, it’s how we can continuously translate the insights it provides into better performing, better value products for clients that’s most interesting.”
“It’s fantastic to be partnering with an ambitious company that’s built a reputation for being at the forefront of change. We’re seeing incumbents and new market entrants jostling for position in the marine market and a mastery of data leading to an improved understanding of risk will be the differentiators going forward. Our goal is to support Howden in differentiating themselves in such a crowded, competitive market by adding value to their excellent customer relationships through data-led insights and innovative services,” Andrew Yeoman, CEO of Concirrus says.
