Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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Vault Reciprocal Exchange gets A- rating from AM Best

David Bull 12 October 2017

High net worth (HNW) startup Vault has been granted an A- rating by AM Best for its reciprocal exchange vehicle as it prepares to begin underwriting in Florida this month.

As previously revealed by The Insurance Insider, the new carrier is backed by Allied World and Mike Millett's Hudson Structured Capital Management (HSCM) and led by former AIG Private Client president and Tower Hill CEO Charles Williamson.

In a statement, AM Best said the A- financial strength and credit ratings...

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