Accelerant Holdings, a data-driven risk exchange for specialty insurance, announced the launch of its initial public offering of 28,947,368 Class A common shares, with an expected price range of $18.00 to $20.00 per share.The offering comprises 20,276,280 Common Shares directly from Accelerant and an additional 8,671,088 Common Shares from certain existing shareholders. Accelerant will not receive any proceeds from the sale of shares by these selling shareholders. Furthermore, the selling shareholders have granted the underwriters a 30-day option to acquire up to 4,342,105 additional Common Shares.Accelerant’s Common Shares have been approved for listing on the New York Stock Exchange (NYSE) under the ticker symbol “ARX,” pending official notice of issuance.The proposed offering is managed by several financial institutions. Morgan Stanley & Co. LLC is serving as lead left active bookrunner, while Goldman Sachs & Co. LLC is acting as lead right active bookrunner. BMO Capital Markets Corp. and RBC Capital Markets, LLC are active bookrunners. Additional bookrunners include Wells Fargo Securities, LLC, Piper Sandler & Co., William Blair & Company, L.L.C., Raymond James & Associates, Inc., and TD Securities (USA) LLC. Citizens Capital Markets and FT Partners are co-managers for the offering.Accelerant, founded in 2018, positions itself as a platform that connects underwriters of specialty insurance risk with risk capital providers. The company’s operations span 22 countries and encompass more than 500 specialty insurance products.The offering will be made exclusively through a prospectus. A preliminary prospectus related to the proposed offering is available for review on the U.S. Securities and Exchange Commission’s (SEC) website via EDGAR. A registration statement on Form S-1 for the Common Shares has been filed with the SEC but has not yet become effective. Shares cannot be sold, nor offers to buy accepted, until the registration statement is declared effective.