ARC Launches Portfolio Credit Program, Extending Non-Payment Insurance to Pools of Credit Risk

Applied Risk Capital ("ARC") today announced the launch of its Portfolio Credit program, extending the firm's non-payment insurance underwriting from single-name leveraged finance exposures to diversified pools of credit risk.

"Since 2020, we've built one of the leading non-payment insurance platforms in leveraged finance," said Andrew Shapiro, founder & chief executive officer of ARC. "Portfolio Credit is a natural extension of that underwriting discipline. It lets us bring the same rigor to pools of risk for banks, asset managers and insurers looking for tailored, capital-efficient solutions."

Through the new program, ARC underwrites diversified pools of corporate, sponsor-backed and asset-based credit, always with meaningful structural subordination. Scope includes fund-level financing, bank risk transfer and tranched debt structures and serves:

• Banks managing balance sheet and regulatory capital
• Asset managers financing funds and broadening their investor base
• Insurers seeking rated, capital-efficient credit exposure

Coverage is available on S&P A+ / Moody's A1 paper, with line sizes up to $100 million per transaction, mid-single-digit expected life with longer legal final tenor, attachment at debt tranches senior to equity/first loss, and geographic scope spanning North America, the UK, Western Europe and select additional developed markets.

For more information, visit this page.

About ARC

Part of Amwins Underwriting, Applied Risk Capital is a Managing General Agent (MGA) specializing in credit insurance solutions for the leveraged finance market. Founded by a team of seasoned finance and insurance professionals, ARC helps financial institutions and investors manage default risk, increase use-case flexibility for underlying capital and gain competitive positioning in loan syndications. Learn more at arc-credit.com.