b2b-daily
Home | FinTech | FinTech Insurance

Concirrus Unveils Real-time Data Tool for Aviation Risk Management

Avatar photo
by Caitlyn Jones
October 31, 2024
Image Credit: Pixabay
Concirrus Unveils Real-time Data Tool for Aviation Risk Management

In a move set to revolutionize the aviation insurance industry, Concirrus has introduced its new Aviation Aggregations module, which is designed to tackle key challenges faced by aviation underwriters in assessing risk exposure and managing portfolios. This module is part of Concirrus’s broader aviation platform and aims to enhance real-time data insights and advanced analytics. The Aviation Aggregations module offers several essential functionalities, including On Cover Aggregations Monitoring for real-time alerts, Airport and Country Exposure insights, Marginal Impact Analysis for assessing new business and renewals, and Customizable Dashboards for accessing real-time data efficiently.

The new module aims to transform the management of aviation exposures by delivering actionable insights and supporting smarter and faster decision-making processes. Real-time monitoring of on-cover aggregations enables insurers to receive alerts that can prevent unforeseen losses. This is complemented by detailed airport and country exposure insights that give underwriters a clearer understanding of geographical risks. Furthermore, marginal impact analysis helps insurers evaluate how new business and renewals will affect their portfolios, underlining the drive towards data-driven, real-time exposure management.

CEO Andy Yeoman has emphasized that the introduction of the Aviation Aggregations module marks a significant advancement for insurers, positioning them to remain competitive in a rapidly evolving marketplace. He noted that the overarching trend in the industry is a shift towards adopting advanced analytics and real-time data to better modernize risk management practices. This shift not only enhances decision-making but also bolsters the ability to assess both current and historical risk exposures accurately, marking a new era for aviation underwriters.

In summary, Concirrus’s Aviation Aggregations module offers innovative solutions that address the growing needs of aviation underwriters. Through enhanced tools for managing risk, the module streamlines decision-making processes and ensures that insurers can keep pace with the demands of a complex and evolving landscape. This new development underscores the importance of real-time data and advanced analytics in sharpening the competitive edge of modern insurance practices.

InsurTech

Explore more

What Is the Most Important Question in B2B Sales?
February 9, 2026

The quarterly review meeting hums with a familiar tension as a sales leader presents a pipeline filled with promising opportunities, yet the numbers stubbornly refuse to align with the optimistic forecasts made just weeks earlier. A high-value deal, one that showed every sign of commitment—multiple stakeholder meetings, positive feedback, a verbal agreement—has suddenly gone quiet, its champion no longer returning

Review of BNY Cross-Border Payment Solution
February 9, 2026

The multi-day wait for international payments to clear has long been a frustrating yet accepted cost of doing business globally, but a new wave of financial technology is challenging that status quo. For decades, the complexities of correspondent banking have meant delays, opaque fees, and cumbersome reconciliation processes for corporations. This review examines the BNY cross-border payment solution, particularly through

How Can AI Modernize Your Customer Calls?
February 9, 2026

In a world where artificial intelligence is rapidly reshaping customer interactions, the humble phone call remains a critical touchstone for service. We sat down with Aisha Amaira, a MarTech expert whose work at the intersection of CRM technology and customer data platforms gives her a unique perspective on this evolution. She specializes in how businesses can harness innovation not just

Trend Analysis: AI-Powered Cyber Attacks
February 9, 2026

The relentless speed of modern cyber attacks, now turbocharged by artificial intelligence, is rapidly outpacing human-led defenses and rendering traditional security playbooks obsolete. As enterprises eagerly adopt AI to drive innovation and efficiency, they simultaneously create a hyper-connected attack surface that adversaries are actively weaponizing. This new reality demands a fundamental shift in how organizations perceive and manage cyber risk.

How Leaders Can Make AI-Driven Redesigns Succeed
February 9, 2026

The polished presentation concludes, the new organizational chart glowing on screen, and while the executive suite feels a surge of decisive optimism, a wave of uncertainty quietly spreads across the teams who must live with the changes. This scene captures one of the most persistent and dangerous challenges in modern leadership: the disconnect between a strategic vision and its operational