Accelerant, a specialty insurance marketplace backed by Todd Boehly’s Eldridge, debuted on the NYSE with a 36% stock surge, valuing the company at $6.4 billion—up from $2.4 billion in 2023. The IPO raised $724 million through an upsized offering, reflecting investor demand for stable, cash-flow-generating businesses amid broader market volatility. The public debut marks a wider trend in which insurance IPOs—seen as defensive plays—are outperforming other sectors, with Accelerant joining a growing list of successful new listings in the sector since May.

Accelerant Valued at $6.4B in IPO