Accelerant launches ‘Risk Exchange’ to support specialty underwriters
By Delisha Fernandes
Accelerant, the company empowering specialty underwriters across the insurance industry, announced its Risk Exchange to support specialty underwriters further and drive market-leading, profitable growth.
Accelerant was founded in 2018 with a simple aim: To support the specialised underwriters that underpin our global economy with a transparent, data-driven approach to analytics; superior portfolio management; and a long-term capacity.
Jeff Radke, CEO and co-founder of Accelerant, said, “At the end of the day, our Members succeed when they can pursue all the opportunities available in their markets. That’s only possible when they have full data transparency and great analytics for underwriting and long-term capacity. That’s why we are proud to unveil the Risk Exchange, which represents an important part of delivering prearranged capacity solutions for all of their business current and future.”
The Risk Exchange is a natural continuation of Accelerant’s support for its Members. In 2020, Accelerant forged long-term reinsurance support for its Members’ businesses. In 2022, Accelerant announced the creation of Flywheel Re – a path for its Members to access capital from institutional investors. And today, the Risk Exchange is a significant milestone – giving Members access to broader capacity and tools to grow their business, reduce risk, and improve profitability.
“We are excited to expand our strong partnership with Accelerant through the innovative risk exchange model,” said Josh Koppel, Founder and Program Head of Kube Risk. “Having the opportunity to extend our long-term commitment and be provided with additional capacity will help us continue executing the long-term vision we share for our business with consistent support from the same talented group of experts that have been instrumental in our success to date.”
Accelerant’s Risk Exchange represents the culmination of years of work and interest in building a better way for the insurance industry. The Risk Exchange powers connections across the entire specialty insurance value chain, aligning policyholders, distribution, underwriters, and risk capital providers within a single platform.
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