Insurtech Accelerant Welcomes Goldman Sachs Veteran Jay Green as Global Chief Financial Officer - Insurance News | InsuranceNewsNet

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October 20, 2022 Newswires
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Insurtech Accelerant Welcomes Goldman Sachs Veteran Jay Green as Global Chief Financial Officer

Business Wire

ATLANTA--(BUSINESS WIRE)--
Accelerant, the insurtech empowering underwriters with superior portfolio management, data analytics, and long-term capacity commitments, today announced that Jay Green will join as Global Chief Financial Officer starting on November 1, 2022. Green will lead the company’s worldwide financial planning and analysis as well as investor relations and capital markets.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221020005219/en/

Accelerant incoming Global CFO Jay Green (Photo: Business Wire)

Accelerant incoming Global CFO Jay Green (Photo: Business Wire)

“Jay is a strategic thinker who has consistently sharpened our perspective on how to expand access to capital and better align incentives across the insurance value chain,” said Jeff Radke, CEO and co-founder of Accelerant. “Jay has demonstrated that he will be a strong financial steward, and I’m confident that he will be a key contributor to our continued growth. We’re thrilled to have him join the team as we continue to transform the industry for the better.”

Green joins from Goldman Sachs, where he was Managing Director and Head of Insurance Structured Finance within the Investment Banking Division, leading the team responsible for alternative capital raising and insurance-linked securitization. Before joining Goldman Sachs, he held senior roles in the capital markets divisions of Guy Carpenter & Company and Swiss Reinsurance Company.

“I’m excited to join Accelerant and bring my experience to bear on behalf of investors and insureds as we improve outcomes in the space by fundamentally reshaping infrastructure available to underwriters,” Green said. “It’s a great opportunity to join a team with an aligned worldview and a big opportunity ahead.”

Accelerant was founded in 2018 when leaders with deep roots in the insurance industry joined with strategic technologists and data scientists to reimagine the assumptions underpinning insurance to help underwriters drive market-leading profitable growth. The firm specializes in serving a carefully selected and managed network of Members in the managing general underwriter and program administrator space across the United States, United Kingdom and Europe.

ABOUT ACCELERANT

Accelerant is a data-driven, technology-fueled insurance platform that empowers underwriters to more effectively serve their insureds. We're using advanced data intelligence tools to rebuild the way that underwriters share and exchange risk. With a current focus on the small and medium-sized businesses that power our global economy and their niche insurance needs, we align incentives to improve outcomes for everyone. Our full-service risk exchange supports our carefully selected, best-in-class network of underwriting teams. We leverage granular information on each policy to deliver unprecedented insight into insurance pools, and our specialty portfolio is fully diversified with very low catastrophe, aggregation or systemic risk. We're proud to have been awarded an AM Best A- (Excellent) rating. For more information, please visit www.accelins.com.

src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20221020005219r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />

View source version on businesswire.com: https://www.businesswire.com/news/home/20221020005219/en/

Chelsea Allison
[email protected]

312.775.2856

Source: Accelerant

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