In conjunction with this leadership change, Accelerant's Board of Directors authorized a share repurchase program allowing the company to buy back up to $200 million of its Class A common shares through December 31, 2028. This strategic move is aimed at returning value to shareholders and reflects the company's confidence in its financial position and future growth prospects.
The announcement follows the release of Accelerant's financial results for the fourth quarter and full year ended December 31, 2025. The company reported a 24% year-over-year increase in Exchange Written Premium, reaching $1.09 billion in the fourth quarter, and a 35% increase for the full year. Adjusted EBITDA for the fourth quarter was $71 million, a 52% increase compared to the previous year, indicating strong operational performance.
CEO Jeff Radke expressed optimism about the company's trajectory, stating, "We closed out 2025 with a fantastic quarter, meeting or exceeding our expectations across our key operating metrics and continuing to expand the reach of the Accelerant Risk Exchange." He highlighted the growing share of business placed with third-party insurers, which accounted for 40% of the Exchange Written Premium volume, up from 21% in the prior year quarter.
The company expects continued momentum into 2026, projecting Exchange Written Premium to grow between $1.07 billion and $1.13 billion in the first quarter and at least $5.1 billion for the full year. This growth is anticipated to drive further increases in Adjusted EBITDA, which is expected to reach at least $275 million for the full year 2026.
Overall, the combination of a new CFO with a strong background in finance and a robust share repurchase program positions Accelerant Holdings favorably for future growth and shareholder value enhancement.
