BMS Pathlight AnalyticsTM Fronting Carrier Composite Report
A Collaboration Between BMS Re’s Programs and Analytics Teams
The rise of the MGA program sector of the insurance industry over the past decade has been extraordinary.
There has been exponential growth in top line business, and the opportunity and demand continue to grow. As a result, we have seen the formation of many new carriers dedicated to this space as well as traditional insurance carriers starting or expanding paper offerings to attract fronting business.
As a recognized leader in the program space, our programs and analytics teams have joined together to develop a BMS Pathlight AnalyticsTM Fronting Carrier Composite Report that is made up of companies who cede all or a large portion of their premium to the reinsurance market. This composite is therefore representative of the MGA program space.
Over the next several pages, we highlight our findings through Q1 2023.