Accelerant Announces Partnership With AF Specialty to Expand Risk Exchange Capacity
Accelerant Holdings Class A Common Shares (ARX)
US:NYSE Investor Relations:
sec.gov/archives/edgar/data/1487990/000114420411039701/v228188_ex99-1.htm
Company Research
Source: Business Wire
ATLANTA--(BUSINESS WIRE)--Accelerant (NYSE:ARX), a leading data-driven Risk Exchange for specialty insurance, today announced a new risk capital partnership with AF Specialty, a division of Michigan-based AF Group known for its specialty program and delegated underwriting authority platform. The partnership will extend capacity to Members on the Accelerant Risk Exchange — a marketplace that connects these specialists with diverse capital partners in a transparent and modern way.The partnership provides access to AF Group’s strong AM Best rating of “A” (Excellent) and Financial Size Category of XIV ($1.5 billion to less than $2 billion). With the addition of AF Specialty, Accelerant has more than 95 risk capital partners.“We are proud to welcome AF Specialty to the Risk Exchange. Their strength as a risk exchange insurer will help our Members on our exchange continue to move with greater speed, precision, and confidence. Together, we’re shaping a more connected and resilient insura
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