Accelerant, a provider of risk exchange and data analytics to the, insurance sector has raised in excess of USD190 million at a USD2 billion pre-money valuation in a funding round led by Eldridge.
Deer Park, Marshall Wace, MS&AD Ventures, and others also participated along with existing majority investor Altamont Capital Partners.
Accelerant will deploy the capital to continue to rebuild the way that underwriters share and exchange risk to improve outcomes for program managers, primary issuing carriers, and ultimate risk-bearers.
