Fronting
White Rock assists clients who need licensed insurance in the European Economic Area (EEA) to access (re)insurance markets or captives.
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 (UK admitted)
- Guernsey (on a non-admitted basis)
- Isle of Man
- Malta (for EEA direct writing on a Freedom of Services basis)