Front Street Re, an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has appointed Edison Fong as its new Chief Executive Officer (CEO). Fong's extensive background in actuarial science and finance, including previous roles at Converge Re and Manulife Financial, positions him well to lead Front Street Re's growth trajectory. Specializing in annuity, life, health, and general reinsurance solutions, Front Street Re focuses on developing innovative products tailored to the needs of small- and mid-sized insurers, particularly those with limited access to technology and capital.
Ian Lim, CEO of Lexasure Financial Group and President of Front Street Re, expressed confidence in Fong's ability to drive innovation and efficiency within the company, highlighting his broad actuarial experience and financial acumen. Fong, in turn, expressed excitement about joining the Lexasure family and expanding Front Street Re's North American footprint. He emphasized the need for innovative reinsurance solutions in the market and affirmed Lexasure's strategy of tailored products and digital platforms to benefit the global insurance ecosystem. Fong's appointment marks a significant step in Front Street Re's commitment to continued growth and innovation under his leadership.
