Fronted
Programs

Core Specialty’s Fronted Programs Division works with specialty program managers and reinsurers to design and underwrite customized insurance programs. We selectively enter into fronting agreements with program managers who have significant experience and market presence in specialty classes of property-casualty risk. Our hybrid fronting philosophy allows us to be flexible with our risk retentions, enabling us to best support the objectives of our program manager and reinsurance clients.

The Core Specialty Advantage

  • Core Specialty is experienced in committing its internal resources and talent to assist counterparties develop, launch and service fronted portfolios.
  • Core Specialty possesses the necessary tools to create a widely marketable product, including:
    • Rated “A-” Excellent – XII by AM Best
    • Licensed in all 50 States and the District of Columbia
    • Broad base of product filings
    • 4 writing platforms:
      • StarStone Specialty Insurance Company; Excess & Surplus Lines Insurer
      • StarStone National Insurance Company; Admitted Insurer
      • Lancer Insurance Company; Admitted Insurer
      • Lancer Indemnity Company of New Jersey; Admitted Insurer

Casualty Appetite

  • Fronted Casualty will consider a broad range of opportunities, including:
    • Primary
    • Excess
    • Assumed Reinsurance

Property Appetite

  • Fronted Property will consider a broad range of opportunities:
    • Perils include all risk or single peril
    • Policy types include personal lines, commercial lines and inland marine

What we look for in a fronting arrangement:

  • While Core Specialty will evaluate a broad range of program managers and their program submissions, we favor those with the following attributes:
    • Adequate scale (≥ $10m in annual GWP)
    • Experienced underwriting staff
    • Reinsurance market following
    • Bias towards long-term fronting relationship
  • Excluded classes at this time include:
    • Cyber, cannabis, crypto

Contacts

Scott Snyder
President, Fronted Programs
+1 (973) 259-6308

Will Thuston
SVP, Head of Fronted Property and Reinsurance
+1 (205) 306-2427

Broker Resources