What are fronting policies in auto insurance?

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fronting

Had a car accident. Don't believe I was at fault. What do you think?

An agreement by an insurer to issue a policy on behalf of a re-insurer, captive insurer, self-insurer or another insurer. This fronting insurer assumes little or no loss exposure; instead, financial arrangements are made to guarantee claims administration and payments. The fronting insurer is usually paid a percentage of the premium. Fronting is done for a number of reasons, but is increasingly disfavored by regulators who contend fronting is not a true risk transfer.

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