Accelerant

The executive worked at CoreLogic after a 25-year stint in the broking business, including spells at Guy Carpenter and Holborn.

He will be CFO at the InsurTech.

Through a quota share deal, FlyWheel will enable investors to support Accelerant’s portfolio of low-limit, low volatility commercial SME primary risks.

The InsurTech will now broaden its data, analytics and risk exchange services to new partners in lines beyond the SME space.

The deal is the latest for Accelerant, which acquired farm insurance provider Agribusiness Risk Underwriters earlier this month, and an admitted lines subsidiary from Brit in March.

The NC target says the change of ownership supports its expansion from poultry into other farming classes.

The deal comes after the start-up last December formed an excess and surplus lines carrier.

Roy Boukens has previously held consultancy roles, including at Accenture.