Edison Fong appointed CEO of Front Street Re

Front Street Re, a leading Insurtech and reinsurance company operating under Lexasure Financial Group Limited, has announced the appointment of Edison Fong as its new Chief Executive Officer. Fong, with a strong background in actuarial science and finance from his previous roles at Converge Re and Manulife Financial, is set to bring innovation and efficiency to the company's global partnerships.

Fong's primary focus will be on expanding Front Street Re's presence in North America and catering to the specific reinsurance needs of small- and mid-sized insurers. He believes that by leveraging Lexasure's tailored products and digital platforms, the insurance industry can benefit from reduced transaction costs and enhanced growth opportunities.

Specializing in life, annuity, health, and general insurance products, Front Street Re offers a wide range of reinsurance solutions through its subsidiaries. The company is dedicated to helping clients improve profitability and adopt new technologies to stay competitive in the market.

As part of Lexasure Financial Group, Front Street Re's parent company, the focus remains on providing innovative reinsurance and digital insurance solutions, including Reinsurance-as-a-Service (RaaS). With a strong presence in Asian markets, Lexasure is committed to driving digital transformation in the insurance sector by delivering scalable products tailored to local requirements.

Front Street Re's appointment of Edison Fong as CEO marks a significant step towards enhancing its global presence and offering tailored reinsurance solutions to insurers worldwide. With a focus on innovation and efficiency, the company, backed by Lexasure Financial Group, is poised to drive digital transformation in the insurance industry, benefiting clients across Asia, the Middle East, and North America.