Arch Insurance signs deal with insurtech over behavioural analytics platform

Insurtech Concirrus has entered into an agreement with global P&C insurer Arch Insurance, to allow the latter to utilise its behavioural analytics platform, Quest Marine.

Quest Marine digitalises the assessment, pricing, and monitoring of marine risk for new and existing business. Notably, the platform’s pricing system utilises a new behavioural model that aggregates the collective, real-time insight of the market to predict an expected loss and premium adequacy.