Reinsurance pressure & difficulty obtaining fronted paper

Reinsurance is under capacity and pricing pressure, with new entrants struggling to secure fronted paper, build trust with reinsurers, or modernize traditional placement processes.

Analysis:

Reinsurance placement platforms and fronting-as-a-service models could lower barriers for new MGAs and programs. The reinsurance market is large ($300B+ globally) but relationship-driven. Technology can improve efficiency but may not disrupt the fundamental trust dynamics.