Fronting
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The legacy player is working to secure its first deal, and could look to expand to US E&S. -
The fronting insurer will be able to support MGAs across the 27 EU states.
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The firm is currently working with 13 MGAs, including QMetric and Eaton Gate.
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Carriers expect a rise in the severity and frequency of claims over the next two years.
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In 2024, MGA GWP reached approximately $20bn in Europe.
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The man is alleged to have conspired with others to falsify LOCs and collateral letters.
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Kestrel stock will begin trading on Nasdaq tomorrow under the symbol KG.
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The firm acted as the front for Trouvaille Re, the E&S property sidecar for MGA AmRisc.
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In Partnership With JencapMark Maher, President of Jencap, discusses the thriving MGA space, market challenges, and opportunities in 2025.
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TMK CUO Matthew Shaw has also been elevated to CEO.
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