The insurance industry, much like the risks it seeks to cover, is in a constant state of flux. Among the many roles within the insurance ecosystem, Managing General Agents (MGAs) play a crucial part. They bridge the gap between insurers and customers, often specializing in niche markets or innovative products. However, as we pivot towards … Read more
As the world is simultaneously becoming more interconnected through technology while global upheaval and conflicts evolve, the intricacies of risk become ever more complex. Specialty insurance, designed to cater to these specific and nuanced risks, must evolve in tandem. At Accelerant, we’re not just watching the horizon; we’re shaping it. As we approach 2024, let’s … Read more
In the evolving world of insurance, staying ahead of the curve requires more than just understanding risks—it also means anticipating them. In this digital age, the treasure trove of Big Data offers unprecedented insights into risk assessment and predictions for mitigation. At Accelerant, we’ve seamlessly integrated Big Data analytics into our core operations, refining the … Read more
The insurance industry is traditionally perceived as resistant to change but has undergone significant transformation in recent years. At the forefront of this evolution is technology, revolutionizing not just how insurance products are designed but also how they’re distributed. At Accelerant, we’ve been keen observers and active participants in this digital shift. Today, we’ll explore … Read more
It’s impossible to ignore the impact AI (artificial intelligence) is having on our world — and on our ecosystem. But adopting AI isn’t a panacea, or a straightforward tactic — It requires strategic planning, investment, and a holistic change in the operational model. Here are the things we’re hearing from our Community about what’s ahead. How … Read more
The AI Safety Summit at Bletchley Park in the UK made clear that the responsible evolution of AI is an urgent priority. From our vantage point, here’s our take on the event and its implications for the future of AI. United Front in AI Safety The AI Safety Summit, under the stewardship of UK Prime … Read more
LONDON–(BUSINESS WIRE)–Accelerant, a data-driven risk exchange connecting underwriters of specialty insurance with risk capital providers, today announced that Gabriella Engstrand will join the team as Head of Distribution – Europe. Starting in January, Engstrand will lead Accelerant’s expansion in Europe focusing on strategy and development of existing and future markets. Accelerant currently has licenses to … Read more
Last week, we had a fantastic experience at Insurtech Connect 2023 in Las Vegas. Engaging with our Members and industry peers, discovering cutting-edge technologies, and diving into the industry’s future was invaluable. Here are some of our key takeaways from the conference: Embracing Automation: We see a universal shift towards automation in the insurance industry. … Read more
ATLANTA, October 13, 2023 — Accelerant, a data-driven risk exchange connecting underwriters of specialty insurance risk with risk capital providers, today announced its expansion into the Canadian market through the acquisition of Omega Insurance Holdings, Inc. from Till Capital Ltd. “Accelerant’s entry into Canada is an exciting culmination of years of work to understand and … Read more
As the world grows more interconnected, the insurance industry finds itself in the midst of a global transformation. The marriage of insurance and technology is not just a Western or Silicon Valley phenomenon; it’s a worldwide movement. This exciting juncture presents a spectrum of trends and innovations across continents. In this post, we will take … Read more