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Concirrus vs NeuralMetrics — Data platform for US insurance, 2026.

Concirrus (7 named carriers) and NeuralMetrics (4 named carriers) both sit at the data platform layer. Zero customer overlap in the public roster — they are addressing different segments of the same stack layer.

Last verified 2026-04-22 · methodology

TL;DR

  • Concirrus has 7 publicly-named carrier deployments; NeuralMetrics has 4. Both at the data platform layer.
  • Zero customer overlap in the public roster. Concirrus and NeuralMetrics are addressing different carriers within the same stack layer.
  • Both classified ai-native on Phidea's generation axis.
  • Ownership contrast: Concirrus is PE-owned; NeuralMetrics is independently held.
  • Analyst coverage: 0 firms cover both, 3 only Concirrus, 3 only NeuralMetrics.

Customer overlap

BucketCount
Named on Concirrus only7
Named on NeuralMetrics only4
Named on both0
of which US-named on at least one side0

Only on Concirrus

  • TransRe (US)
  • Arch Insurance International (UK)
  • Howden (UK)
  • Codan Marine (DK)
  • SCOR (FR)
  • Applied Specialty Underwriters (US)
  • Applied Aviation (US)

Only on NeuralMetrics

  • Nationwide (US)
  • Stillwater Insurance Group (US)
  • Cincinnati Insurance (US)
  • Stillwater Insurance (US)

Counts derived from 11sourced carrier-deployment entries across both vendor cards. Aggregate-only statements (e.g. “16 of the top 20”) excluded.

Stack position

Concirrus
Generation
ai-native
Stack layer
Data platform
Founded
2012
Lines
commercial, specialty
NeuralMetrics
Generation
ai-native
Stack layer
Data platform
Founded
2018
Lines
commercial

Ownership and corporate context

Concirrus
Type
private-equity

Source: Intelligent Insurer

NeuralMetrics
Type
independent

Source: Crunchbase

Carrier-segment specialization

Concirrus — geographic split

  • US
    3
  • UK
    2
  • DK
    1
  • FR
    1

NeuralMetrics — geographic split

  • US
    4

Analyst coverage differential

Only Concirrus cited by
  • Reinsurance News (2022: SCOR to use Concirrus' Marine Hull Market Model)
  • Intelligent Insurer (2020: Concirrus closes $20m in Series B led by AlbionVC)
  • PR Newswire (2025: Concirrus and Leading Lloyd's Follow-Syndicate Unite to Redefine Submission Automation in Specialty Insurance)
Only NeuralMetrics cited by
  • Insurance Innovation Reporter (2025: NeuralMetrics Launches Platform Using AI Agents to Enhance Insurance Underwriting)
  • Duck Creek (2022: NeuralMetrics Partners with Duck Creek Technologies on Seamless Access to Commercial Lines Underwriting Information for Insurers)
  • Coverager (2021: NeuralMetrics Addresses the Small Data Problem in Commercial Underwriting)

Recent news (last 12 months)

No news items in the last 12 months for either tool.

Sourced limitations

Concirrus

No publicly-sourced limitations recorded on the vendor card yet.

NeuralMetrics
  • NeuralMetrics claims engagements with 'four of the top ten US commercial lines insurers' on its website, but only Nationwide and Stillwater are named in public press. The named-carriers list here is therefore conservative — buyers evaluating against Planck's published roster (Chubb, AIG-Attune, Great American, Sompo) should ask NeuralMetrics for named references directly.
    Source: NeuralMetrics
  • Publicly disclosed funding is a $50K angel round (Oct 2020) via Creative Destruction Lab, BrokerTech Ventures and InsurTech NY. NeuralMetrics has not disclosed a priced Series A or later round, which contrasts sharply with Planck ($71M, acquired by Applied Systems for $300M) and Cytora ($37M+, acquired by Applied Systems). A buyer should treat NeuralMetrics as a bootstrapped/revenue-funded vendor rather than a venture-scaled one.
    Source: Crunchbase
  • No Gartner, Celent or Forrester coverage surfaced in public search. Analyst signal is limited to trade-press coverage (Insurance Innovation Reporter, Coverager, Carrier Management) and partner directory listings (Duck Creek, Ivans).
    Source: Insurance Innovation Reporter

Limitations published on Phidea are sourced to the underlying citation and reflect what is publicly named — not an exhaustive list. Consult the vendor card for the full record.

Frequently asked

Do any carriers run both Concirrus and NeuralMetrics?
Not in Phidea's public roster. Across 11 sourced carrier-deployment entries on both vendor cards, zero carriers appear on both. The two tools are addressing different carriers within the same stack layer.
Who owns Concirrus and NeuralMetrics?
Concirrus is PE-owned. NeuralMetrics is independently held.
Which has more named US carriers?
NeuralMetrics has the larger publicly-named US roster: Concirrus 3, NeuralMetrics 4. Public-roster size is a coverage signal, not a quality signal — vendors with stronger NDAs may have larger actual US footprints than the public count shows.
Where are these tools positioned in the insurance stack?
Both sit at the data platform layer. Concirrus operates as a standalone vendor; NeuralMetrics operates as a standalone vendor.

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