Accelerant announces second quarter results

Accelerant announced financial results for the second quarter of 2025 — its first earnings report as a public company.

The company, which operates a risk exchange that connects underwriters with capacity providers, grew its number of members and MGA members to 248 and 47, respectively.

Accelerant generated $1.1 billion of exchange written premium in the quarter and $2 billion in the first half of the year.

The company generated a net income of $13 million in the quarter, compared to a $9 million loss in the same period last year.

“Accelerant’s first quarter reporting as a public company was one of the strongest in our history — more Members wrote more business for more risk capital partners than ever before. We believe our initial public offering validated the durability of our platform and equipped us with resources to extend industry-leading growth as we build the world’s preeminent two-sided specialty insurance risk exchange. Over the last 12 months, Accelerant generated $3.8 billion of Exchange Written Premium, including $1.1 billion in the second quarter alone — a 42% year-over-year increase. Our growth algorithm is straightforward: add more high-quality Members, expand specialty products for more small and mid-sized businesses, and attract more capital from risk partners. If we continue to do that, we believe the rest will take care of itself. Our goal is clear: to be the rails on which specialty insurance runs.” – Jeff Radke, Co-Founder and CEO.