Flywheel Re

Accelerant Holdings, the tech-focused company that helps its members exchange or transfer risk more effectively, while connecting them with long-term capital, has upsized and renewed its Flywheel Re collateralized reinsurance sidecar, securing meaningfully increased capital backing from core investor Barings, LLC in the process.

Since launching its Risk Exchange platform in 2023, Accelerant Holdings has positioned itself as a conduit between institutional capital and specialty insurance risk, offering what CEO Jeff Radke describes as one of the few opportunities for investors to gain “a fair slice of the whole book of business.”

Having launched a multi-year sidecar structure called Flywheel Re earlier this year, Accelerant now benefits from greater flexibility and the investor backing is supporting its growth, CFO Jay Green explained at the SIFMA ILS event in Miami last week.

Accelerant, the insurtech that helps members exchange and transfer risk more effectively, while also connecting them with long-term capital, has hired experienced insurance-linked securities (ILS) industry executive Tim Tetlow as the CEO of its Cayman Islands based reinsurer, Accelerant Re (Cayman) Ltd.

Accelerant, the insurtech that aims to help its members exchange and transfer risk more effectively and also connect them with long-term capital, has made a key hire in Jay Green, an executive with significant insurance-linked securities (ILS) experience, who will join the company as its Group Chief Financial Officer.

Accelerant, the insurtech that aims to help its members exchange and transfer risk more effectively and also connect them with long-term capital, has launched a $175 million reinsurance sidecar structure named Flywheel Re.