In the dynamic specialty insurance market, managing general agents (MGAs) must seize opportunities to innovate and excel. Accelerant Member Services are designed to support these efforts, connecting our Members with cutting-edge technology, strategic partnerships, and industry expertise. In the coming weeks, we will share new Member Spotlights that, among other things, showcase the impact of Member Services on three thriving MGAs—Rednil Insurance Brokers, Pardus Underwriting, and Covenant Underwriters—allowing them to drive growth, enhance efficiency, and deliver exceptional value to their clients. Here’s a sneak peek:
Rednil: Simplifying Compliance with InsCipher
In the specialty insurance market, niche industries like bowling alleys and pickleball clubs often struggle to find tailored coverage that meets their unique needs. Rednil Insurance Brokers has become a leading provider in these spaces through its two program brands: Western Bowling Proprietors Insurance (WBPI) and Pickleball Insurance Program (PIP). With a focus on underwriting profitability and exceptional service, WBPI has become the largest insurer of bowling alleys in the U.S., covering over 500 locations, and has rapidly expanded into the quickly growing pickleball market.
After partnering with Accelerant in 2021 Rednil was introduced to InsCipher, a regulatory filing tool that automates compliance across multiple states. Leveraging the negotiated pricing via Accelerant, WBPI benefited from cost savings, simplified processes, and enhanced efficiency.
Cameron, Rednil’s second-generation leader, shared, “We use InsCipher and take advantage of the pricing Accelerant negotiates for us. It’s been a huge help in simplifying our processes and improving efficiency.”
With the support of Accelerant and resources such as InsCipher, Rednil has reduced friction costs, improved accuracy, and ensured timely compliance, freeing up valuable time to grow its business and serve its clients.
Pardus: Streamlining Underwriting with AddressCloud
Pardus, a UK-based underwriting firm specializing in commercial property and combined insurance, saw an opportunity to modernise specialty insurance—making it faster, more efficient, and better aligned with the evolving demands of brokers and their clients.
Through Accelerant’s Member Services, Pardus adopted AddressCloud, a geolocation software that integrates seamlessly into its underwriting platform. By embedding it into its underwriting process, Pardus has streamlined risk assessment, improved accuracy, and reduced turnaround times—individually underwriting risks the same day on a result-driven approach.
This technology and Accelerant’s support have empowered Pardus to operate more efficiently and effectively.
Covenant Underwriters: Modernizing Specialty Insurance with Data, Technology, and Member-Centric Solutions
Covenant Underwriters was founded in 2018 to make specialty insurance easy for retail brokers. Committed to using technology and data to simplify processes, Covenant efficiently supplies brokers with coverage to traditionally underserved small commercial markets. Unlike many MGAs that rely on standard policy forms, Covenant crafts custom policy language tailored to the unique risks of niche industries that have been historically difficult to underwrite.
Through Accelerant’s Member Services, Covenant has gained access to collaborative underwriting support and actuarial expertise. They, too, use tools like InsCipher to streamline regulatory compliance.
“Before using InsCipher, our filing process was manual and time-consuming,” says Daniel, co-founder of Covenant. “Now, automation ensures filings are accurate and on time across 47 states. Accelerant’s Member discount made the transition even more valuable.”
The Accelerant Difference
Across the board, all three Members agree that what sets Accelerant apart as a partner is their commitment to collaboration and innovation.
As Cameron from Rednil puts it: “Every time we’ve come up with something we needed, Accelerant has been able to address it. They’ve enabled our growth over the last two years, and I have no reason to go anywhere else.”
Looking Ahead
With a foundation built on expertise, innovation, and a commitment to their clients, Rednil, Pardus Underwriting, and Covenant Underwriters are not just insuring niche markets but empowering them to thrive. Supported by Accelerant, these MGAs are poised to continue their growth journeys, delivering tailored solutions that make a real difference for small businesses in the U.S. and U.K.