Insurtech platform Accelerant has launched a new $175 million sidecar investment vehicle, called Flywheel Re.
The new sidecar will provide multi-year risk capital to Accelerant and its cohort of underwriting-led specialist members.
Goldman Sachs & Co. LLC served as exclusive placement agent to Accelerant and Sidley Austin LLP acted as legal counsel.
Founded in 2018, Accelerant works its underwriting-led members to drive market-leading profitable growth in niche specialists.
