Market Intelligence & Positioning
Research & Publications
Lexicon Associates produces topical, data-rich research into key issues affecting
the global insurance and asset management industries.
New frontiers
The future of fronting
Fronting companies are the principal source of capacity for MGAs in the United States – the world’s largest MGA market. They now write $20.3 billion in direct premiums, up 24.1% in just one year and close to a fourfold increase since 2019.
New fronts continue to be established in the US market, but attention is also increasingly focused on Europe, where local MGA markets have been growing strongly and competition between fronts for the best MGAs is less intense.
The Lexicon 2025 fronting market study analyses the competitive dynamics of the fronting sector, providing a rich and detailed view of the business transacted by 23 fronting groups in the US and five in Europe, with data on premiums written; MGAs supported; reinsurance purchased; and profitability.
New Frontiers is essential reading for all participants in the global MGA ecosystem, including investors, capacity providers, and technology providers. MGAs and MGA platforms are transforming the provision of specialty insurance, but their ability to scale at speed depends increasingly on flexible partnerships with capacity providers mediated by fronting companies.
The MGA Revolution
How MGAs are reshaping the insurance value chain.
Independent Thinking
Independent Thinking is the quarterly
journal of Evercore Wealth Management
and Evercore Trust Company.
The Most Undervalued Asset in Insurance
Opportunities are growing for insurers
to tell a more engaging brand story.
Lexicon Consulting
We work with CEOs and executive teams to identify and quantify growth opportunities and achieve business goals through customized research, marketing positioning, and thought leadership strategies.
Competitive intelligence
Market sizing
Market positioning
Communications
Thought leadership
About the Lexicon Associates Team
We bring deep experience of the specialty insurance and wealth management markets to support CEOs and executives teams that manage risk. We help advance ambitious business goals through market research, custom publications and engaging thought leadership.