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Purpose-built for Today’s Evolving Commercial Specialty Risks

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Future-Forward Insurance

WoodStar Reciprocal Exchange (WRE) is a reciprocal insurance exchange purpose-built to deliver innovative specialty insurance solutions across the United States. Rated A- (Excellent) by AM Best and capitalized with over $220 million, WRE is designed to provide the speed, flexibility, and underwriting expertise needed to address today’s evolving commercial specialty risks. WRE provides admitted insurance capabilities today and will expand its offerings to include non-admitted (E&S) capabilities through the launch of its subsidiary, WoodStar Specialty Insurance Company (WSIC). Both companies will be managed by attorney-in-fact.  WoodStar Risk Management Inc., which is majority owned by Accelerant (NYSE: ARX). WRE and WSIC will write policies exclusively through the Accelerant Risk Exchange.

Why WoodStar Reciprocal Exchange (WRE)


A-
Rated by
AM Best

Built to endure financially

$220M
Capital &
Surplus

More than $200M Surplus providing a strong foundation to support growth

Bringing admitted capabilities to the Risk Exchange

Our Commitment


Choice in Underwriting

A highly-rated insurance carrier capacity option supporting Accelerant Risk Exchange Members existing books of business and potential new niches


Thoughtful Growth

Create opportunities for Accelerant Risk Exchange Members to diversify their high-quality risk capital base, create new insurance products, and plan for the long-term


Future Opportunity

Bring attractive investment opportunities and returns to subscribers and institutional investors with flexibility and ease


Frequently Asked Questions

What is a reciprocal?

A reciprocal insurance exchange is an insurance organization where policyholders, also known as subscribers, both insure and are insured by each other through a shared pool of premiums.  Reciprocal insurance exchanges use an attorney-in-fact (AIF) to manage policies and day-to-day operations of the exchange.  Large reciprocal insurance companies include USAA and Erie.

What is an attorney-in-fact?

An attorney-in-fact (AIF) primary purpose is to manage the affairs at the reciprocal exchange for the benefit of the subscribers.  The AIF conducts business transactions for the reciprocal insurance company, including managing the reciprocal’s daily operations, and in the case of WoodStar can be an independent-third party, Accelerant Holdings (NYSE: ARX).

Can non-Accelerant Risk Exchange Members utilize WoodStar?

WoodStar exclusively supports Accelerant Risk Exchange Members.  If you are interested in becoming a Member, please contact [email protected]

Strong, Stable Partnerships

Strong, Stable Partnerships

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