Buckle
Buckle provides low-cost fronting solutions to connect Managing General Agents (MGAs) with reinsurance markets, focusing on auto, commercial, and specialty insurance sectors across 43 states.
Services
Buckle offers an array of low-cost fronting solutions connecting Managing General Agents (MGAs) to reinsurance markets. They provide services in auto, commercial, and specialty insurance markets. The company’s platform is designed to facilitate a seamless, cost-effective link between MGAs and reinsurance markets, reducing the need for MGAs to own an insurance carrier.
Market Presence
Buckle is licensed to operate in over 43 states, including major markets such as California, Texas, New York, and Florida. This extensive licensing enables the company to offer services across a significant portion of the United States, allowing them to support a wide range of MGAs in their expansion efforts.
Target Audience
Buckle focuses primarily on helping small to mid-size MGAs grow and maximize their profits. By providing an efficient onboarding process and allowing MGAs to share risk through a Cell Captive, Buckle aims to support these businesses in expanding their operations without the need for substantial initial capital outlay, enabling a more scalable growth trajectory.
Partnerships and Risk Management
The company has established strong relationships with top reinsurance panels. This strategic alignment allows Buckle to offer robust risk management solutions and dependable coverage options, which are critical for the MGAs they support. These partnerships strengthen their service offerings and provide added value to their clients.