▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Accelerant Risk Exchange Adds QBE and Tokio Marine America to Expanding Network

Accelerant, a leading technology company operating a data-driven risk exchange platform for the specialty insurance market, today announced the addition of prominent new capital partners to its ecosys...

Immagine

ATLANTA: Accelerant, a leading technology company operating a data-driven risk exchange platform for the specialty insurance market, today announced the addition of prominent new capital partners to its ecosystem. These partners include QBE, one of the top 20 global insurance and reinsurance companies, and Tokio Marine America, offering comprehensive commercial property and casualty insurance across all states and a member of the global Tokio Marine Group. This expansion significantly strengthens the capabilities and reach of the Accelerant Risk Exchange.

Accelerant operates a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The Accelerant Risk Exchange reduces information asymmetries and operational barriers present in the traditional insurance value chain by leveraging proprietary technology to share actionable high-fidelity data with underwriters and risk capital partners.

Accelerant platform highlights (year-end 2024):

  • 217 specialty insurance underwriters (Members)
  • $3.1B in premiums
  • 500+ specialty products in 22 countries
  • 96 risk capital partners
  • 74% all organic Exchange Written Premium growth
  • Key AI-driven products that allow specialty underwriters to receive feedback on the relative quality of an underlying risk:
    • Portfolio-level risk monitoring across $3 billion in premiums
    • Large Language Model (LLM) claims assessment, reducing claims expenses and boosting recoveries

“We’re proud to welcome QBE and Tokio Marine America to the Accelerant Risk Exchange,” said Jeff Radke, CEO and co-founder of Accelerant. “Their addition strengthens our ability to align leading underwriting expertise with trusted capital — a core part of our vision to reimagine specialty insurance. Together, we hope to build a smarter, more connected ecosystem that enhances collaboration, improves risk management, and unlocks long-term value across the insurance value chain.”

Accelerant’s goal is to simplify the specialty insurance value chain, which has historically been complex, lengthy, and fraught with inefficiencies, leading to higher costs and subpar experiences. Accelerant’s Risk Exchange provides a streamlined, data-driven approach that connects underwriters and risk capital partners and fosters data transparency throughout the value chain.

ABOUT ACCELERANT

Accelerant is a services and data platform for the specialty insurance market. Accelerant harnesses advanced data analytics and AI to reduce information asymmetries and operational barriers present in the traditional insurance value chain and provide transparent and efficient solutions for underwriters and risk capital partners globally.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Integral AI Unveils World’s First AGI-capable Model

#AGI--Integral AI, a global leader in the development of embodied AGI, today announced the successful testing of the world’s first AGI-capable model.…

Reply Achieves the AWS Agentic AI Specialization and Is Named an Implementation…

Reply [EXM, STAR: REY] announced that it has achieved the Amazon Web Services (AWS) Agentic AI Specialization, a new category within the AWS AI Competency.…

Tecnotree Emerges as CX Catalyst Winner for Impact at The Fast Mode Awards…

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has won the CX Catalyst award for Impact at The Fast…

CoMotion GLOBAL 2025 Launches in Riyadh: Global Mobility Leaders Unite…

Riyadh is rapidly becoming one of the world's most ambitious urban mobility laboratories, where next-generation technologies move from blueprint to real-world…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!