2026-10-14 · Source: Insurance Business US
Summary in 3 Points • Accelerant operates the Accelerant Risk Exchange, connecting MGAs with risk capital providers across 700 specialty insurance products. • The company reported exchange written premium of $4.19 billion for 2025, up 35% year over year. • DiCaprio emphasised that AI cannot solve fragmented, inconsistent data without proper infrastructure in place. --- Aaron DiCaprio, US head of programs at Accelerant, stated that clean, standardized specialty insurance data is essential for effective AI implementation. Accelerant's Risk Exchange connects MGAs with risk capital providers, covering 700 specialty insurance products and reporting a significant increase in exchange written premium to $4.19 billion for 2025, reflecting a 35% year-on-year growth. DiCaprio highlighted that traditional carrier structures can hinder innovation and adaptability. He noted that while technology has reduced friction among MGA partners, it cannot replace the need for underwriting discipline. The future of insurance lies in integrating AI with underwriting expertise, enabling faster decision-making and improved risk assessment. As the industry evolves, firms should focus on building the necessary infrastructure to support AI-driven operations and enhance their understanding of risks. Accelerant's focus on clean data and AI integration reflects a shift in specialty insurance towards more agile underwriting processes, impacting MGAs and risk capital dynamics.
Accelerant's focus on clean data and AI integration reflects a shift in specialty insurance towards more agile underwriting processes, impacting MGAs and risk capital dynamics.