Anthony R. O’Donnell // January 14, 2022
(Image source: Accelerant web page.)
Accelerant (Atlanta), an InsurTech dedicated to empowering underwriters with risk exchange and data analytics coupled with long-term capacity commitments, announced that it has raised in excess of $190 million at a $2 billion pre-money valuation led by Eldridge (Greenwich, Conn.), with participation from Deer Park, Marshall Wace, MS&AD Ventures, and others. Existing majority investor Altamont Capital Partners also participated in the round. Accelerant says it will use the capital to continue to rebuild the way that underwriters share and exchange risk to improve outcomes for