Accelerant signs capacity deal with Nimbla

Trade credit MGA Nimbla has agreed a five-year capacity partnership with partnership with Accelerant Insurance Europe SA, which is rated A- (Excellent) by A M Best. Nimbla said the deal would enable it to expand its product range beyond its core single invoice and limit product.

Flemming Bengtsen, founder and CEO of Nimbla, said: “Accelerant are a great partner for Nimbla, bringing fresh capacity to the market at a time when it needs it most. They complement our agile, data-driven approach and we are excited to bring more innovation into the space in 2022.”

Chris Lee-Smith, co-founder of Accelerant, said: "We are extremely pleased to be supporting Nimbla as a new Accelerant member MGA. The depth of expertise and underwriting acumen within the organisation is exceptional and the model represents a true insurtech platform, for both organisations it’s a perfect fit.”

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