A data-driven risk exchange for specialty insurance, built by Accelerant, has announced its risk capital partnership with AF Specialty — an AF Group division and provider of fronting services and captive solutions — which will extend capacity to members on the exchange. AF Specialty’s AM Best rating of ‘A’ (Excellent) and Financial Size Category of XIV (US$1.5 billion to less than US$2 billion) will be accessible, given the partnership, with Accelerant now having over 95 risk partners. Jeff Radke, Accelerant’s CEO, is “proud to welcome AF Specialty to the Risk Exchange,” believing the company’s “strength as a risk exchange insurer will help our members on our exchange continue to move with greater speed, precision, and confidence”. Vice president of AF Specialty, Walter Matthews, outlines the company’s “ongoing commitment to delivering innovative and scalable capacity solutions within the specialty insurance market”. He adds: “We’re excited to support the Risk Exchange’s growing network of members and help fuel smarter, faster growth for specialty underwriters.”
