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Distinguished Programs expands into reinsurance

MGA and insurance program manager Distinguished Programs announced its expansion into the reinsurance market with the addition of Distinguished Reinsurance. The new platform debuts with its first group focused on property reinsurance, led by Frank DiPaola, who will take on…

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Insurers · Program carriers and fronting insurers

Obsidian Insurance

Genstar-backed hybrid fronting carrier that issues policies for MGA and program administrator programs; Protective Life agreed to buy it in April 2026.

U.S. business insurance rank (2025)86
Commercial premiums (2025)$866.6 million
AM Best ratingA- (Excellent), under review with positive implications

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