AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Accelerant Insurance Company of Canada (AIC) (Canada). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of … 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
ATLANTA–(BUSINESS WIRE)–Accelerant, the company empowering specialty underwriters across the insurance industry, today announced the launch of its Risk Exchange to further support specialty underwriters and drive market-leading, profitable growth. The Accelerant Risk Exchange, now in beta, is available to Member specialty underwriters, insurers, and risk capital partners. “The Risk Exchange gives us the ability to … Read more
ATLANTA–(BUSINESS WIRE)–Accelerant, the insurtech empowering underwriters with superior portfolio management, data analytics, and long-term capacity commitments, has appointed Protecdiv Chief Operating Officer Paul Little to the Board of Directors of Accelerant Holdings. “I look forward to contributing to Accelerant, an innovator in insurtech.” “I couldn’t be more delighted to welcome Paul to our Board,” said … Read more
Will support the company’s underwriting capacity and performance TLANTA–(BUSINESS WIRE)–Accelerant, the insurtech platform empowering underwriters with superior risk exchange, advanced data analytics, and long-term capacity commitments, today announced a new $175 million sidecar vehicle, Flywheel Re. Flywheel will provide multi-year risk capital to Accelerant and its cadre of underwriting-led specialist Members. “We’re thrilled to launch … Read more
Acknowledges Increase to Financial Size IX ATLANTA–(BUSINESS WIRE)–Accelerant, the insurtech empowering underwriters with superior risk exchange, data analytics, and capacity commitments, announced today that AM Best reaffirmed its Financial Strength Rating of A- and Long-Term Issuer Credit Rating of a-. This news was accompanied by Accelerant’s increase to Financial Size IX, for companies with $250-500 … Read more
BRUSSELS, June 16, 2022 — Accelerant, the insurtech platform that empowers underwriters with superior risk exchange and data analytics, coupled with long-term capacity commitments, today announced a significant European expansion with the opening of its new EU headquarters in Brussels. Brussels was selected for its geographic location in the heart of Europe, its strong workforce … Read more
Atlanta, GA – January, 26, 2022 — Accelerant, the insurtech empowering underwriters with superior risk exchange and data analytics coupled with long-term capacity commitments, has announced AM Best has reaffirmed its group A- (Excellent) rating https://news.ambest.com/PressContent.aspx?altsrc=2&refnum=31658. The A- mark is in AM Best’s Financial Size Category VIII, for companies with $100 – $250 million in … Read more
