Investment Overview
Arbor Reciprocal Exchange is a Texas-based admitted homeowners reciprocal exchange, capitalized to address the structural supply gaps left by national carriers retrenching from catastrophe-exposed markets.
The company was built in partnership with an experienced underwriting team and operates on a member-owned reciprocal model, aligning policyholder and capital provider interests around disciplined risk selection and long-term sustainability.
Why We Invested
Property insurance availability and affordability has become an acute issue across the Sun Belt, driven by climate-related loss experience and the withdrawal of incumbent national carriers. Arbor was purpose-built to serve this dislocation with an experienced underwriting team, a capital-efficient reciprocal structure, and disciplined geographic and risk-class focus.
We see a long runway of growth as Arbor scales policyholder count and expands its product set, while maintaining the underwriting discipline required of a long-term insurance franchise.