UBI, an MGA focused on the French construction market, was founded in 2014 by four industry veterans who saw an opportunity to bring a fresh perspective to the market. Their vision was to cut through the bureaucracy and challenges of the market by working closely with brokers to offer tailored solutions and a client-centric approach. … Read more
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
It’s always important to understand insurance-to-value and coinsurance clauses. However, it’s really, really important to pay attention to these clauses in today’s inflationary environment. The insurance-to-value clause states the amount of money you’ll receive from your provider if a covered event occurs while coinsurance is an agreement between an insurer and business owner to share … Read more
Embedded insurance is already a $3 trillion market opportunity and we believe it could be the next Amazon in both scale and market size. The real-time bundling and sale of insurance, embedded insurance is a seamless way to deliver value across the industry. Embedded insurance could account for more than $700 billion in gross written … Read more
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
Technology budgets for insurance companies are expected to increase by nearly 14 percent in 2022, according to Deloitte. In the company’s recent survey, nearly three-quarters of respondents anticipated additional spending for artificial intelligence and 7 out of 10 expected strong growth in the acquisition of data. None of this should be a surprise to anyone. … Read more
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
Small business insurance goes back a long, long way. It was formalized when British merchants began to finance voyages before shipping goods overseas, sharing the financial burden to reduce the risks of piracy and bad weather and support global commerce. In fact, the first U.S. insurance company was founded by Benjamin Franklin in 1752. Small … Read more
At Accelerant, we only win when our Members win. We are organized around and on behalf of our Members to provide a single source for their entire portfolio of products while eliminating the conflicts typical of conventional carriers. All of this is by design. Accelerant also serves Member MGAs by solving the following critical issues … Read more
A lot of factors play into customer-centricity in insurance: relationships, collaboration, a single point of contact and transparency. But increasingly, data also stars in a leading role. Customer-centricity involves anticipating customer wants and needs and then getting it right. It’s not just a nice-to-have: Customer-centric businesses are an impressive 60% more profitable than those that … Read more
