Case Study: Marsh achieves better marine risk insights with Concirrus Quest Marine

Concirrus announces agreement with Marsh to introduce behavioural analytics into the global marine market

Marsh, a global leader in insurance broking and risk management, wanted to bring behavioural data and digital innovation into the marine insurance market to improve placement strategies, uncover new opportunities, and provide greater value to clients and insurers. To support this, Marsh partnered with Concirrus and adopted its Quest Marine platform.

Concirrus implemented Quest Marine, its AI-powered marine analytics solution, to integrate with Marsh’s existing systems, combine real-time and historical claims data, and reveal hidden behavioural risk factors. The collaboration is positioned to help Marsh quantify risk more accurately, identify new product opportunities, reduce losses, and boost profits, although no specific numerical results were provided.

Marsh

Marcus Baker

Chairman