Key Points – Accelerant beat Q1 expectations with Exchange Written Premium of $1.14 billion, up 16% year over year, and Adjusted EBITDA of $66 million.
Management said the company exceeded the midpoint of guidance and posted stronger revenue and profitability across key segments. – Third-party insurer participation is rising, with third-party written premium jumping to $462 million and accounting for 41% of Exchange Written Premium, up from 19% a year earlier
Accelerant also kept expanding its MGA network, ending the quarter with 296 member MGAs after adding 16 new members. – AI and data analytics remain central to the growth story, as Accelerant added 22 million rows of data in the quarter and said AI boosted engineering productivity by more than 24%. The company raised full-year 2026 guidance, now expecting at least $5.2 billion in Exchange Written Premium and at least $285 million in Adjusted EBITDA. Accelerant (NYSE:ARX) reported stronger-than-expected first-quarter 2026 results, with management pointing to continued growth in its specialty insurance platform, expanding third-party insurer participation and increased use of artificial intelligence across underwriting and internal operations.
Chairman and CEO Jeff Radke said the company exceeded the midpoint of its quarterly guidance for Exchange Written Premium, Third-Party Premium and Adjusted EBITDA. He described the quarter as “fantastic” and said momentum remained strong across the Accelerant Risk Exchange. Accelerant reported Exchange Written Premium of $1.14 billion in the first quarter, up 16% from the prior-year period.