Onex MD targets “responsible growth” after completing Accredited deal

Onex Partners has completed its acquisition of fronting business Accredited.

Accredited will now operate as an independent program management company providing A- rated (AM Best) insurance capacity in Europe, the UK and the US. Accredited claims to write more than $2.1bn (£1.66bn) of gross premium and partners with MGAs on over 70 programs.

RelatedAM Best keeps Accredited ratings unchanged during sale turmoil SRG adds Accredited capacity to MX Resilience ups cyber limits with RSA/Accredited capacity deal 

In the UK, recent capacity deals have included SRG-owned MGA MX

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