Deals
Accelerant raises $150 million, launches insurance underwriting marketplace
- Insurance business valued at more than $2 billion by Barings
- Accelerant starts Risk Exchange for insurance underwriting
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Barings LLC is leading a $150 million investment in Accelerant, valuing the insurance-related business at $2.4 billion.
The business was previously valued at $2.2 billion following an investment last year led by Todd Boehly’s Eldridge, with participation from MS&AD Ventures, Altamont Capital Partners and Deer Park.