<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0002078270</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Class A common shares, $0.0000011951862 par value per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001997350</issuerCik>
<issuerName>Accelerant Holdings</issuerName>
<issuerCusip>G00894108</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Unit 106, Windward 3</com:street1>
<com:street2>Regatta Office Park, West Bay Road</com:street2>
<com:city>Grand Cayman</com:city>
<com:stateOrCountry>E9</com:stateOrCountry>
<com:zipCode>KY1-1108</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>ACP Accelerant Holdings, L.P.</reportingPersonName>
<citizenshipOrOrganization>E9</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>85976902</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>85976902</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>85976902</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>42.9</classPercent>
<typeOfReportingPerson>PN</typeOfReportingPerson>
<comments>See Item 4</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>ACP Insurance Management, LLC</reportingPersonName>
<citizenshipOrOrganization>E9</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>90916741</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>90916741</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>90916741</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>44.2</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
<comments>See Item 4</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Schwartz Keoni Andrew</reportingPersonName>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>90916741</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>90916741</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>90916741</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>44.2</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<typeOfReportingPerson>HC</typeOfReportingPerson>
<comments>See Item 4</comments>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Accelerant Holdings</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Unit 106, Windward 3, Regatta Office Park, West Bay Road, Grand Cayman, Cayman Islands, KY1-1108</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>This Statement is filed by Keoni Schwartz ("Mr. Schwartz"), ACP Accelerant Holdings, L.P., and ACP Insurance Management, LLC. (together, the "Reporting Persons").  The Class A common shares reported as beneficially owned by the Reporting Persons herein consist entirely of Class A common shares underlying Class B common shares that are held directly by ACP Accelerant Holdings, L.P., ACP Accelerant Co-Invest, LLC, and ACP Accelerant Investment Holding Company II, Ltd.  Each holder of Class B common shares has the right to convert their Class B common shares into Class A common shares on a 1-for-1 basis at any time and at their option.  Additionally, the Class B common shares will automatically convert into Class A common shares, on a 1-for-1 basis, immediately following a transfer to any non-permitted holder of Class B common shares, and all outstanding Class B common shares will automatically convert into Class A common shares, on a 1-for-1 basis, on the earlier of (i) if at any time following the consummation of the Issuer's initial public offering, the holders of the Class B common shares immediately prior to the consummation of the initial public offering hold less than 50% of the total Class B common shares then in issue, and (ii) July 25, 2028, which is the third anniversary of the date on which the Issuer consummated its initial public offering.  &#13;
&#13;
ACP Accelerant Holdings, L.P. is the sole owner of ACP Accelerant Investment Holding Company II, Ltd.  As such, ACP Accelerant Holdings, L.P. may be deemed to beneficially own the Class A common shares underlying the Class B common shares held directly by ACP Accelerant Holdings, L.P. and ACP Accelerant Investment Holding Company II, Ltd.&#13;
&#13;
ACP Insurance Management, LLC is the general partner of ACP Accelerant Holdings, L.P. and the managing member of ACP Accelerant Co-Invest, LLC.  As such, ACP Insurance Management, LLC may be deemed to beneficially own the Class A common shares underlying the Class B common shares held directly by ACP Accelerant Holdings, L.P., ACP Accelerant Investment Holding Company II, Ltd., and ACP Accelerant Co-Invest, LLC.&#13;
&#13;
Mr. Schwartz is the sole owner and managing member of ACP Insurance Management, LLC.  As such, Mr. Schwartz may be deemed to beneficially own the Class A common shares underlying the Class B common shares held directly by ACP Accelerant Holdings, L.P., ACP Accelerant Investment Holding Company II, Ltd., and ACP Accelerant Co-Invest, LLC.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>400 Hamilton Avenue, Suite 230, Palto Alto, CA 94301</principalBusinessOfficeOrResidenceAddress>
<citizenship>Mr. Schwartz is a citizen of the United States.  ACP Accelerant Holdings, L.P. is a Cayman Islands limited partnership.  ACP Insurance Management, LLC is a Cayman Islands limited liability company.</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>As of September 30, 2025, ACP Accelerant Holdings, L.P. may be deemed the beneficial owner of 85,976,902 Class A common shares.  This amount includes (i) 82,674,639 Class A common shares it has the right to acquire upon conversion of 82,674,639 Class B common shares held directly by ACP Accelerant Holdings, L.P. and (ii) 3,302,263 Class A common shares it has the right to acquire upon conversion of 3,302,263 Class B common shares held directly by ACP Accelerant Investment Holding Company II, Ltd.&#13;
&#13;
As of September 30, 2025, ACP Insurance Management, LLC and Mr. Schwartz may be deemed the beneficial owners of 90,916,741 Class A common shares.  This amount includes (i) 82,674,639 Class A common shares they have the right to acquire upon conversion of 82,674,639 Class B common shares held directly by ACP Accelerant Holdings, L.P., (ii) 3,302,263 Class A common shares they have the right to acquire upon conversion of 3,302,263 Class B common shares held directly by ACP Accelerant Investment Holding Company II, Ltd., and (iii) 4,939,839 Class A common shares they have the right to acquire upon conversion of 4,939,839 Class B common shares held directly by ACP Accelerant Co-Invest, LLC.</amountBeneficiallyOwned>
<classPercent>As of September 30, 2025, ACP Accelerant Holdings, L.P. may be deemed to beneficially own approximately 42.9% of the Class A common shares outstanding.  This percentage is based on (i) 114,578,616 Class A common shares outstanding as of September 30, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 12, 2025 (the "Q3 2025 Form 10-Q"), and (ii) an aggregate 85,976,902 Class A common shares it has the right to acquire upon conversion of an aggregate 85,976,902 Class B common shares held directly by ACP Accelerant Holdings, L.P. and ACP Accelerant Investment Holding Company II, Ltd., which Class A common shares have been added to the quantity of Class A common shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Securities Exchange Act of 1934, as amended (the "Exchange Act").&#13;
&#13;
As of September 30, 2025, ACP Insurance Management, LLC and Mr. Schwartz may be deemed to beneficially own approximately 44.2% of the Class A common shares outstanding.  This percentage is based on (i) 114,578,616 Class A common shares outstanding as of September 30, 2025, as reported in the Q3 2025 Form 10-Q, and (ii) an aggregate 90,916,741 Class A common shares they have the right to acquire upon conversion of an aggregate 90,916,741 Class B common shares held directly by ACP Accelerant Holdings, L.P., ACP Accelerant Investment Holding Company II, Ltd., and ACP Accelerant Co-Invest, LLC, which Class A common shares have been added to the quantity of Class A common shares outstanding in accordance with Rule 13d-3(d)(1)(i) under the Exchange Act.&#13;
&#13;
The Issuer has two classes of Common Stock: Class A common shares and Class B common shares.  Each Class A common share is entitled to one vote per share, and each Class B common share is entitled to ten votes per share.  Accordingly, ACP Accelerant Holdings, L.P.'s percentage ownership of the aggregate Class A common shares and Class B common shares outstanding is approximately 38.8%, and its aggregate voting power represents approximately 72.4% of the voting power of the Issuer.  ACP Insurance Management, LLC's and Mr. Schwartz's percentage ownership of the aggregate Class A common shares and Class B common shares outstanding is approximately 41.0%, and their aggregate voting power represents approximately 76.6% of the voting power of the Issuer.  The aggregate percentage ownership of the Class A common shares and Class B common shares and the aggregate voting power set forth herein are based on 114,578,616 Class A common shares and 107,241,428 Class B common shares, each outstanding as of September 30, 2025, as reported in the Q3 2025 Form 10-Q.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>ACP Accelerant Holdings, L.P.: 0&#13;
ACP Insurance Management, LLC: 0&#13;
Mr. Schwartz: 0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>ACP Accelerant Holdings, L.P.: 85,976,902&#13;
ACP Insurance Management, LLC: 90,916,741&#13;
Mr. Schwartz: 90,916,741</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>ACP Accelerant Holdings, L.P.: 0&#13;
ACP Insurance Management, LLC: 0&#13;
Mr. Schwartz: 0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>ACP Accelerant Holdings, L.P.: 85,976,902&#13;
ACP Insurance Management, LLC: 90,916,741&#13;
Mr. Schwartz: 90,916,741</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>The responses to Items 2 and 4 are incorporated herein by reference.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>N</notApplicableFlag>
<subsidiaryIdentificationAndClassification>The response to Item 2(a) is incorporated herein by reference.</subsidiaryIdentificationAndClassification>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>Y</notApplicableFlag>
</item10>
</items>
<exhibitInfo>Exhibit 1: Joint Filing Agreement, dated November 14, 2025&#13;
Exhibit 2: Power of Attorney for ACP Accelerant Holdings, L.P., dated July 22, 2025&#13;
Exhibit 3: Power of Attorney for ACP Insurance Management, LLC, dated July 22, 2025&#13;
Exhibit 4: Power of Attorney for Keoni Andrew Schwartz, dated September 19, 2025</exhibitInfo>
<signatureInformation>
<reportingPersonName>ACP Accelerant Holdings, L.P.</reportingPersonName>
<signatureDetails>
<signature>/s/ Jennifer Mello</signature>
<title>Jennifer Mello, Attorney-in-Fact</title>
<date>11/14/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>ACP Insurance Management, LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Jennifer Mello</signature>
<title>Jennifer Mello, Attorney-in-Fact</title>
<date>11/14/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Schwartz Keoni Andrew</reportingPersonName>
<signatureDetails>
<signature>/s/ David Pelsue</signature>
<title>David Pelsue, Attorney-in-Fact</title>
<date>11/14/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
