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14 November 2023 Insurance

Accelerant draws Lloyd’s talent to lead expansion in Europe

Accelerant, a data-driven risk exchange connecting underwriters of specialty insurance with risk capital providers, has hired the former head of European broker distribution for Lloyd’s to drive its growth momentum in Europe.

Gabriella Engstrand will join Accelerant as head of distribution - Europe. Starting in January, Engstrand will lead Accelerant’s expansion in Europe focusing on strategy and development of existing and future markets. Accelerant currently has licenses to trade in 30 EEA countries.

A business development executive with 17 years of experience in insurance, Engstrand most recently served as the European head of broker distribution for reinsurance and insurance marketplace Lloyd’s of London. There, she led the implementation of the distribution strategy across the region with a strong focus towards driving proximity between the market and regional stakeholders. Before that, Engstrand was at Söderberg & Partners, one of the Nordic region's financial advisers and brokers of insurance and financial services.

Accelerant specialises in serving a selected network of members in the managing general underwriter and programme administrator space across the US, UK, Canada and Europe.

Engstrand will lead the development of existing and new markets in Europe focusing on empowering specialty underwriters with Accelerant’s proprietary Risk Exchange platform.

Jeff Radke, CEO and co-founder of Accelerant, said: “I am delighted to welcome Gabriella to Accelerant. Gabriella has exceptional experience and knowledge across the entire European region, which will be critical as we build on Accelerant’s momentum in the region. She has a deep understanding of the challenges facing the best MGAs in the legacy value chain and brings a wealth of practical insights to help those specialty underwriters and MGAs gain the benefits of the Accelerant Risk Exchange.”

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