Fronting Companies Accredited and Sutton: A Tale of Two Troubled Parents
This ALIRT Research report explores the financial turmoil at the holding companies of Accredited and Sutton fronting insurers. Both companies faced significant challenges due to their parent companies’ financial distress, leading to ownership changes to avoid rating downgrades. The report underscores the importance of considering both the insurer and its parent company in due diligence, highlighting the complex dynamics between fronting insurers and private equity ownership.
