The 8 Types of Reinsurance

As leaders in the insurtech space, it’s crucial to understand the underpinnings of the insurance industry. One cornerstone is reinsurance, which serves as a crucial risk management tool for insurers worldwide. In simple terms, reinsurance is when an insurance company gets a portion of its policies’ risks insured by another entity. This strategy spreads the … Read more

Employee Spotlight: Tom Paddison

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 … Read more

Underwriting and pricing as a data-led science: A critical competitive advantage

Insurance is grounded in leveraging information for the purpose of risk management. With the eruption of digital innovation and the proliferation of data sources, the nature of this information and how to harness it is undergoing a seismic shift. This shift leads to a future where underwriting and pricing, propelled by data-led science, will be … Read more

Employee Spotlight: Raquel Reneses 

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 … Read more

The future of telematics and insurance

As the world continues its rapid technological advancement, the insurance sector is in the midst of an extraordinary evolution. Telematics, the marriage of telecommunications and informatics, is a main driver of this shift. Telematics can transform how we understand, purchase, and experience insurance. Here’s an exploration of the future landscape of telematics in the insurance … Read more

Reinsurance Uncovered: Spreading Risk and Safeguarding Solvency

As an insurtech that thrives on revolutionizing the insurance space, we seek to demystify the intricacies of the insurance industry to make it more comprehensible for our partners and Members. Today, we venture into a critical but often overlooked segment of the insurance industry: reinsurance. What is Reinsurance? Reinsurance is insurance for insurance companies. It … Read more

Broker vs MGA: Decoding Their Unique Roles in the Insurance Industry

Today, we will delve into a topic that often triggers considerable debate within the insurance ecosystem: The differences between Managing General Agents (MGAs) and brokers. Understanding the distinction between these two pillars of insurance is vital for all stakeholders involved – insurers, insured parties, and even regulatory bodies. Both perform critical functions in the industry … Read more

Delegated and Non-Delegated Underwriting: Demystifying Key Strategies in Risk Assessment

In the ever-evolving landscape of the insurance industry, underwriting serves as the cornerstone, helping insurance firms to manage risks and maintain profitability. Today, we delve deep into the intricacies of this critical process, distinguishing between two primary methodologies for underwriting – delegated and non-delegated. Understanding the difference between these strategies, their strengths, and potential challenges … Read more

Employee Spotlight: Becky Cumberland

At Accelerant, we’re motivated by our mission to rebuild insurance so 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’d give a peek behind the scenes through our Employee Perspectives… series. After all, people are at the heart of what we … Read more

Employee Spotlight: Gonzalo Seeber

Name: Gonzalo Seeber Title: Head of Underwriting, Canada Location: Toronto Can you describe your role in a couple sentences? Underwriting assessment of new Members and Member Support on underwriting decisions outside their delegated UW authority How does your work impact people’s financial lives? One of our goals on the Underwriting side is to assess the … Read more