Accelerant just went public. CEO Jeff Radke breaks down what the company does
CNBC Televisionยท2025-07-24 19:45
A big public debut today. The insurance risk exchange company Accelerant beginning to trade. It's a platform where specialty insurance underwriters can sell insurance premiums to buyers like insurance or reinsurance companies, institutional investors even.You can kind of see the flow there. They also provide data to make underwriting for niche businesses more efficient. IPO is met with strong demand.The company priced above its $18 to $20 range at 21, upsized the offering. Shares started trading at 28.50% l ...