New Frontiers: The Future of Fronting
Fronting companies have proven among the fastest growing insurance businesses of the 21st century, backed by billions of dollars of underwriting capital committed by global reinsurers to the burgeoning MGA market.
Fronting has historically played a key role in supporting captive insurers. But the rise of dedicated fronts, transacting exclusively fronting business, has been driven by the MGA revolution that is reshaping property casualty insurance markets. MGAs in the United States now depend heavily on 23 groups transacting business through 41 fronting companies. These groups increasingly determine which MGAs can get started and how fast they can scale.
The report analyzes the fronting model and performance of fronting companies in depth and explores future growth opportunities for fronting companies in the United States and internationally.
Fronting companies have proven among the fastest growing insurance businesses of the 21st century, backed by billions of dollars of underwriting capital committed by global reinsurers to the burgeoning MGA market.
Fronting has historically played a key role in supporting captive insurers. But the rise of dedicated fronts, transacting exclusively fronting business, has been driven by the MGA revolution that is reshaping property casualty insurance markets. MGAs in the United States now depend heavily on 23 groups transacting business through 41 fronting companies. These groups increasingly determine which MGAs can get started and how fast they can scale.
The report analyzes the fronting model and performance of fronting companies in depth and explores future growth opportunities for fronting companies in the United States and internationally.
Fronting companies have proven among the fastest growing insurance businesses of the 21st century, backed by billions of dollars of underwriting capital committed by global reinsurers to the burgeoning MGA market.
Fronting has historically played a key role in supporting captive insurers. But the rise of dedicated fronts, transacting exclusively fronting business, has been driven by the MGA revolution that is reshaping property casualty insurance markets. MGAs in the United States now depend heavily on 23 groups transacting business through 41 fronting companies. These groups increasingly determine which MGAs can get started and how fast they can scale.
The report analyzes the fronting model and performance of fronting companies in depth and explores future growth opportunities for fronting companies in the United States and internationally.