US $ 2bn

Accelerant is a data-driven technology company that provides underwriters with risk exchange and data analytics solutions . Backed by Chelsea FC Co-owner Todd Boehly ’ s VC firm Eldridge , Accelerant has generated US $ 343m across three rounds with investment also coming from Barings . Calling underwriters its members , Accelerant empowers underwriters with transparent data , differentiated technology and dynamic analytics , which it says is a recipe for profitable growth . The insurtech supports underwriters across the US , Australia , the UK and mainland Europe .

US $ 2.2bn

The California-headquartered Newfront Insurance specialises in the distribution and management of business insurance and employee benefits . Founded in 2017 , Newfront leverages in-house solutions to help generate revenue streams through brokerage commissions . The insurtech is also the proprietor of a solution streamlining the process of completing application forms across multiple carriers using a single set of responses , facilitated through automation . The company is led by CEO Spike Lipkin , the entrepreneur who founded Opendoor . com , a company worth in the region of US $ 3bn .

28 September 2023