Reinsurance News
fronting
Zurich launches Fronted MBR solution for multibillion-dollar construction programs
12th August 2025
Zurich North America has launched its Fronted Master Builders Risk (MBR) solution, a new insurance product designed to handle unprecedented scale and complexity of today’s largest construction projects. This offering is particularly relevant given the growth in sectors like e-commerce, artificial intelligence (AI), and advanced manufacturing. "We began developing this at the ... Read the full article
Insurance fronting model shifts from scale to operational excellence: Conning
15th July 2025
The insurance fronting model is rapidly maturing, moving beyond a race for scale to a focus on operational excellence, according to a recent report by Conning. This shift comes amid significant growth, increasing challenges, and a market shakeout within one of the property-casualty insurance industry’s fastest growing sectors. The report, Fronting Model ... Read the full article
Complexity rises as fronting market growth accelerates in 2024, says Conning
13th August 2024
The fronting market continues its strong growth into 2024 but is becoming increasingly complex, according to a recent report by Conning. This growth is driven by trends in the managing general agent (MGA) sector, rising demand for capacity, and robust excess and surplus (E&S) expansion. The fronting market benefits from strong backing ... Read the full article
Fronting firm MS Transverse notes “immaterial” exposure to Vesttoo collateral issue
20th July 2023
Fronting company MS Transverse has released a statement in light of the alleged issues with letters of credit (LOC) used as collateral for transactions facilitated by insurtech Vesttoo, explaining that the latter only participates on one program with MS Transverse, and that it believes any impairments "should be immaterial" to ... Read the full article
BMS Re reports continued influx of capital to program fronting space
3rd May 2023
A new report from specialty reinsurance broker BMS Re highlights the continued influx of capital to the MGA program sector of the insurance industry, which it says has experienced exponential top line growth in recent years. 2021 proved to be a key year for the space with the largest year-over-year gross ... Read the full article
Core Specialty hires Ambac’s Scott Snyder to lead new Fronting Division
7th March 2022
Core Specialty Insurance Holdings, Inc. has hired Scott Snyder as President of Fronted Programs, as the carrier launches its Fronting Division in "recognition of the magnitude and relevance of this line of business" to the company. In 2021, Core Specialty notes that this business line generated $441 million of gross written ... Read the full article
US fronting firm Concert secures $100m capital raise, “A-” AM Best rating
21st October 2021
Newly-formed insurance fronting company Concert has secured $100 million in growth capital and a rating of “A-” (Excellent) from A.M. Best. Founded by a group of experienced insurance industry executives, Concert will provide fronting products and services, as well as options for alternative risk transfer structures. AM Best's rating takes into account ... Read the full article
AF Group launches new P&C fronting carrier brand, hires Eric Halter
23rd June 2017
Insurance solutions provider AF Group is expanding into the fronting carrier space, with a new division named AF Specialty set to offer fronting capacity to insurance carriers, managing general agents, reinsurance intermediaries and captive managers. Fronting for other capacity providers has been the trend in recent years, but AF Specialty will ... Read the full article
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