Vault Reciprocal Exchange gets A- rating from AM Best

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...