Reinsurance News

Southlake Specialty enters into partnership with Risk Exchange, Accelerant

11th November 2024 - Author: Jack Willard -

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Southlake Specialty Insurance Company, part of the Texas-based Southlake Financial Group, which specialises in program-focused property and casualty (P&C) insurance, has entered into a partnership with Accelerant, the data-driven Risk Exchange.

Readers will recall that Accelerant launched its Risk Exchange platform in 2023, to help further support specialty underwriters and drive profitable growth.

The platform connects specialty underwriters with a hand-selected group of capacity providers, supported with the long-term capacity guarantee from Accelerant-owned insurance companies.

Moreover, this collaboration between the two firms will allow for Southlake to provide the capacity to select specialty  insurance underwriters within the Risk Exchange.

Yogesh Kumar, CEO of Southlake, commented: “The Risk Exchange simplifies access to attractive, verified, and diversified risk portfolios while enhancing our technology platform.

“It enables us to demonstrate the breadth of our business capabilities and extend our reach within the diverse Risk Exchange network. Our commitment remains on building long-term, value-oriented partnerships and providing our partners with consistent underwriting capacity.”