At Accelerant, we’re motivated by our mission to rebuild insurance so that it’s fair, transparent and efficient. We’re often asked what it’s like to work at a global company with an audacious vision, so we thought we’d give a peek behind the scenes through our Employee Perspectives… series. After all, people are at the heart of what we do, and we’re proud to bring together individuals and teams who share our passion about creating an amazing experience and working in an amazing environment. In today’s spotlight, meet Jake Morin, Senior Member Relationship Director.
Employee Perspective Questions
Name: Jake Morin
Title: Senior Member Relationship Director
Location: Roxbury, NJ
Can you describe your role in a couple sentences?
I help manage various platforms for our Members (MGU distribution partners). This can encompass onboarding, product/platform expansions, and navigating the ever changing world of litigiousness/liability.
How does your work impact people’s [ financial ] lives?
My roles helps MGU’s take control of their platforms and operate in a way that the typical insurance carrier has never allowed them to operate. This provides more control and freedom to help build a proprietary product, which in return helps the MGU take a stronger control of their financial freedom.
Why would someone want to be an Accelerant Member?
Our partnership helps all of our Members stay in control of their business. All too many times MGU’s have great ideas, great books of business, than the carrier relationship gets involved and morphs the MGU’s book into something it isn’t or limits it in silly ways. Accelerant is also at the forefront of providing solutions for our Members, we hear the term “Hybrid Carrier”…we are the definition of Hybrid Carrier.
Share a success story after a Member joined Accelerant? (what problem did they have and what opportunity did Accelerant provide. In other words, pain point > solution)
I have a Member I am on boarding right now that is a perfect example for this. This MGU has had a quality book of business for over 25 years, operating within the same niche and being developed with the same distribution for that time period. Due to lack of capacity or available markets they were forced to utilize another MGU to obtain paper. After the deal was done and our Member was growing the other MGU started taking control of their book and cut revenue. Accelerant was able to see the value within the Member’s approach to the business, and believed in their ability to grow profitability within their space. Within a few weeks Accelerant was able to execute and NDA, analyze historical data as well as process and approve UW items, and are now in a situation to move forward. Accelerant provided the Member their first and only unique platform with better capabilities then they ever had, which will fuel growth.
Share a time a Member Service success story.
We have a member that is truly new age and tech fueled, perfect for our platform. They have figured out a way to offer Surety bonds in a way which has never been done before; tech enabled and speed. We not only believed within this approach and idea, we also invested in them to help get their idea in place. The platform is running now, is getting ready to make a large jump into the market, and Accelerant is a large part of it.
What’s your favorite thing about working for Accelerant?
The ability to manage my relationships in a non-traditional format.
Describe Accelerant in 3 words.
Entrepreneurial, Member-Centric, Fast
What did you do before Accelerant?
Was with another Program carrier
What was your first-ever job?
Working at my parents convenience store, John’ s Market in Waterville, Maine. My parents just sold it after running/owning it for 46 years…and the new owners even kept the old name.
Where did you grow up?
Winslow, Maine. I am Central Maine Royalty.
How did you learn about Accelerant?
X-Colleagues, specifically Christy Howley
Who inspires you?
My parents and my children
What are you most proud of?
My family. I believe there is truly no luck in life, the harder you work the more you get out of it. However, the one lucky you do have is the family you are born into…and I got lucky with that. I want my children to have the same experience
What do you love to do when you’re not working?
Anything outdoors, coaching/powersports/hunting
What’s on your bucket list?
Guadalcanal trip, I would like to see where my Grandfather fought in WWII with the first Marine Division. A picture of him in battle is in the book The Old Breed which is what the HBO mini-series “The Pacific” was based off of.