Concirrus reduces application processing time by half for Concept Special Risks

Concirrus, the leading AI insurtech helping commercial insurance clients accelerate their digital strategies, announces that it has helped Concept Special Risks, a full service Managing General Agent (MGA) in the yacht insurance business, reduce its application processing time by 50%. “Our business tends to receive a lot of hand-written applications in various formats and of …

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Your Name’s Not Down, You’re Not Coming In? Publication Of Shipping Company List Kicks Off ETS Registration Process

In June 2023, rules for bringing the maritime sector into the EU’s Emissions Trading Scheme (the “EU ETS”) came into force. All Member States (except one) have failed to transpose this legislation by the December 2023 deadline, but the obligations on the maritime sector continue, nonetheless. The EU Emissions Trading Directive 2003/87/EC (amended by Directive …

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Suez Canal toll earnings set to continue falling, as vessels re-route around the Cape of Good Hope

As we enter in to the third month of escalating conflict in Yemen this has prompted significant rerouting of vessels with far-reaching consequences for global trade and transport and the latest trade data from Veson Nautical indicates a notable shift in traffic patterns. Geopolitical tensions and conflict have raised maritime security concerns in the region, …

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