MS Transverse Receives A+ Credit Rating from A.M. Best
On June 23, 2025, MS Transverse Insurance Group, a prominent player in the hybrid fronting insurance market, proudly announced that the esteemed ratings agency A.M. Best has elevated its Financial Strength Rating (FSR) from A (Excellent) to A+ (Superior). This upgrade is a clear acknowledgment of the company's strategic importance within the Mitsui Sumitomo Insurance Co. group, which acquired MS Transverse in January 2023. The rating reflects MS Transverse's robust operational performance and its pivotal role in the U.S. insurance market, particularly as it finished 2024 as the largest hybrid fronting insurer by gross written premiums.
The recognition aligns with the innovative strategies and the focused management practices that MS Transverse has employed in navigating the competitive landscape of insurance. As a testament to its excellence, the company was also honored as the Fronting Carrier of the Year for the third time in four years at the 2025 Program Manager Awards.
Dave Paulsson, the CEO of MS Transverse, expressed his enthusiasm regarding the upgrade, stating, “This rating upgrade is a significant milestone and a testament to the strength of our business model, the quality of our partnerships, and our disciplined approach to risk management.” Such sentiments are echoed by Hiro Morimoto, Director and Senior Executive Officer at Mitsui Sumitomo, who views this upgrade as a reflection of MS Transverse's vital contributions to their overarching global strategy.
MS Transverse serves as a hybrid fronting carrier facilitating a variety of program businesses across diverse property and casualty lines. Its specialized expertise in underwriting supports numerous managing general agents (MGAs), reinsurers, and policyholders, thereby enhancing its reputation in the industry. The company operates with a commitment to delivering long-term value to its clients and partners.
The insurance company, which also has offices in New York, New Jersey, and Texas, has successfully positioned itself as an essential partner within a growing market, further solidifying its stance as a leading facilitator of risk capacity and alternative capital across the insurance spectrum.
In its relatively short history since its inception in 2018, MS Transverse has demonstrated remarkable growth and has become synonymous with reliability and innovation in hybrid fronting insurance. Looking ahead, the company is poised to leverage its A+ rating to attract even more partnerships and opportunities that foster mutual growth and improved service delivery for its stakeholders.
As MS Transverse continues to flourish, its dedication to excellence and strategic development only reinforces its potential to remain a pivotal entity in the global insurance marketplace. For those seeking further information about this dynamic insurer, visit
www.mstransverse.com.