Accelerant Announces Partnership With New Third-Party Capitalized Insurer WoodStar
Accelerant (ARX) partnered with newly formed WoodStar Reciprocal Exchange, a third-party capitalized insurer funded with over $220 million from Kilter Finance and Blue Owl Capital. WoodStar received an AM Best “A -” rating and will provide dedicated underwriting capacity exclusively on the Accelerant Risk Exchange, managed by an attorney-in-fact majority-owned by Accelerant.
Key figures
- Deal Value Usd
- $220 million
- Capital notes
- $220 million
- Am best rating
- A -
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