(Jay Green, CFO, Accelerant. Source: Accelerant.)
Accelerant, an Atlanta-based InsurTech focused on providing underwriters with a risk exchange, data analytics, and long-term capacity commitments, has 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.
“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,” comments 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 company’s 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.
Reshaping Infrastructure for Underwriters
“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 comments. “It’s a great opportunity to join a team with an aligned worldview and a big opportunity ahead.”
Accelerant describes its 2018 founding as an occasion of leaders with deep roots in the insurance industry joined with strategic technologists and data scientists to reimagine the data underpinning insurance to help underwriters drive market-leading profitable growth. The firm specializes in serving a what it calls a carefully selected and managed network of Members in the managing general underwriter and program administrator space across the U.S., U.K. and continental Europe.