Fronting

White Rock assists clients who need licensed insurance in the European Economic Area (EEA) to access reinsurance markets or captives. White Rock can write all non-life classes of business, except for compulsory classes, within the EEA under Freedom of Services (passporting) and can also issue non-admitted insurance cover in territories where it is permissible to do so.

Benefits

  • Efficient fronting arrangements
  • Fast movement of funds
  • Saving on collateral requirements
  • Contract certainty for terms and conditions
  • Capital efficiency
  • Program design alignment
  • Access to coverage that may be available in the reinsurance market that is not available from direct insurers
  • Access to reinsurance market can reduce the overall cost of premiums
  • Speed of set up

Domiciles

White Rock's fronting solution is available in the following domiciles:

  • Bermuda
  • Gibraltar (for EEA direct writing on a Freedom of Services basis; access to terrorism pools available)
  • Guernsey (on a non-admitted basis)
  • Isle of Man
  • Malta (for EEA direct writing on a Freedom of Services basis)

Case Study

Read case studies about Fronting here ยป