Accelerant Insurance coverage Europe recorded €780m (£664m) gross written premium for the 2023 monetary 12 months (2022: €659m), in accordance with its newest Solvency and Monetary Situation Report.
Nevertheless, it expects this to drop considerably over the subsequent two years because it transfers enterprise to its UK arm, Accelerant Insurance coverage UK, to make sure “continued regulatory compliance” within the area.
AIE is a serious supplier of capability to MGAs within the UK together with current start-ups Kayzen Specialty, OneBefore and Ventis. The enterprise has additionally been voted the Managing Common Brokers Affiliation Insurer of the 12 months for the final two years by its members.
This can have a big impression on the portfolio
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