Accelerant News

Insurtech Accelerant Weighs IPO or Private Share Sale, CEO Says

Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance provider making its debut on the stock market, its CEO and co-founder told Reuters on Monday. The Cayman Islands-based group, which …

Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re

Accelerant, an insurtech platform that aims to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a new $175 million sidecar vehicle, Flywheel Re. Flywheel will provide multi-year risk capital to Accelerant and its team of underwriting-led …

Insurtech Accelerant Raises $190 Million

InsurTech Accelerant raised more than $190 million at a $2 billion pre-money valuation in its latest funding round. Atlanta-based Accelerant serves a network of managing general underwriters (MGU) and program administrators (PA) that it refers to as its members. The …

People Moves: Accelerant Taps Data Scientist

Accelerant, an insurtech for underwriters who serve small and medium-sized businesses, has named Kenny Holms chief decision scientist. Holms will bring together data science, artificial intelligence, machine learning and actuarial experience to develop insurance solutions, the Georgia-based company said in …

Accelerant Acquires North Carolina’s Agribusiness Risk Underwriters

Accelerant, a technology-based insurance platform, has acquired Agribusiness Risk Underwriters (ARU), a provider of poultry farm insurance product development, underwriting and loss control. ARU was founded in 2016 in Winston-Salem, North Carolina. It builds and distributes proprietary insurance products, invests …