Concirrus has announced the appointment of Ruth Polyblank (pictured above) as director of product strategy as the insurtech furthers its product innovation expertise.
In her new role, Polyblank will oversee Concirrus’ product vision and innovation strategy, applying her expertise in technology and insurance.
Polyblank joins Concirrus from Mastercard, where she served as vice president, insurance, with global responsibility for identifying new insurance opportunities. She brings 24 years of insurance industry experience, including leadership positions at Chubb, CLS, and Fusion Insurance.
Concirrus praised her background, aligning it with the company’s focus on innovation. Polyblank is also known for her advisory, mentoring, and writing work on insurance innovation.
Andrew Yeoman, CEO of Concirrus, commented on the appointment, stating that Polyblank’s experience in driving product innovation and strategy would be instrumental in shaping the company’s future.
“Our strategy remains to leverage technology innovation with deep domain understanding enabling our customers to make smarter, data-driven decisions and enjoy lower operating costs and loss ratios while delivering better customer experiences - Ruth’s appointment will accelerate this,” he said.
Polyblank also expressed enthusiasm about joining Concirrus, highlighting the company’s commitment to innovation in insurance.
“I look forward to working with Andrew and the team, building on their work in harnessing AI to transform data into actionable insights that deliver efficiency, lower loss ratios and support our clients in winning and retaining business,” Polyblank said.
Earlier this year, the company appointed former Tractable VP Matthew Twist as commercial director as the insurtech commits to attracting more talent into the company to further drive innovation.
In February, the company touted that it broke a sector trend, reporting a landmark revenue surge of 204.6% for the fiscal year ending December 2023.
“What is certain is that in our customers’ markets over the last 12 months, providing insurance of global trade, the movement of goods, and the insurance of vessels have become increasingly complex,” Yeoman previously said. “With geopolitical tensions changing almost daily, the roles of brokers, underwriters, and P&I clubs have also become overwhelmingly busy and so, there’s never been a more pressing need for solutions to help with this.”
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