Fronting company definition
Fronting company means an entity that engages in a fronting arrangement. A fronting company may be owned by one or more group self-insurers or by a group self-insurance reinsurance account.
Fronting company means a licensed insurer or licensed home protection company which generally
Fronting company means a dealer that authorizes a third-party administrator
More Definitions of Fronting company
Fronting company means an authorised insurer that sells an insurance product on behalf of another entity which maintains the economic risk of such insurance product by way of an indemnity, reinsurance or similar agreement.
Fronting company means a licensed insurer or licensed home protection company which generally transfers to one or more unlicensed insurers or unlicensed home protection companies by reinsurance or otherwise all or substantially all of the risk of loss under all of the home protection contracts written by it in this Commonwealth.
Fronting company means a licensed insurer that enters into an agreement with an insurer to issue policies in a state on behalf of another insurer.
Fronting company means an entity that engages in a fronting arrangement.
Fronting company means BCS Insurance Company or Physicians Insurance, as the fronting agents for Allianz Life pursuant to the Fronting Contracts.
Fronting company means a business entity approved under this rule to provide coverage to participating employers through fronting arrangements. “Fronting company” does not include a commercial insurance company or a domestic captive insurance company licensed under 24-A M.R.S. § 6702.