Accelerant partners with WoodStar Reciprocal Exchange for dedicated underwriting capacity on risk platform
ARX•ARX•ARX•ARX•WoodStar’s attorney-in-fact will be majority owned by Accelerant, with minority investors; Accelerant will not own WoodStar. WoodStar is expected to begin writing meaningful direct business on the platform in 2027.
WoodStar was funded with more than $220 million of surplus notes and capital from third parties, including Kilter Finance and funds managed by Blue Owl. WoodStar holds an AM Best financial strength rating of A-.
Accelerant partnered with newly formed WoodStar Reciprocal Exchange to add dedicated underwriting capacity exclusively for the Accelerant Risk Exchange.
