Accelerant, a leading insurance technology company founded by Jeff Radke, has successfully executed a significant $150 million legacy transaction with Compre, a global insurance services group. This strategic move marks a major milestone for Accelerant, solidifying its position as a key player in the insurance industry.
The transaction involves the transfer of legacy insurance portfolios from Accelerant to Compre. This transfer will allow Accelerant to focus on its core business of providing innovative technology solutions to the insurance market. By offloading legacy operations, Accelerant can allocate more resources to developing cutting-edge products and services.
This combination of strategic partnerships and financial investments positions Accelerant for continued success in the dynamic insurance industry. The company remains committed to leveraging technology to empower insurers and drive industry transformation.
This partnership with Compre demonstrates Accelerant’s commitment to streamlining its operations and driving growth. The company will continue to leverage its advanced technology platform to empower insurers with data-driven insights and efficient processes.