The Fédération des Agences de Souscription Européennes (FASE) has been recently launched as a pan-European association representing managing general agents (MGAs).
FASE is guided by an advisory committee drawn from its membership and structured to help entrepreneurial underwriting firms navigate challenges and seize opportunities as they grow in the European market.
The association offers networking and relationship-building opportunities alongside educational resources, including webinars, bulletins, and events.
“We’ve created FASE to respond to a clear market need,” added FASE Executive Director William Pitt. “MGAs play an increasingly important role in the European response to challenging risks. They contribute enormously to the development of a more responsive and integrated market. FASE exists to smooth their path.”
Mike Keating, a member of FASE’s advisory board and CEO of the MGAA (Managing General Agents’ Association), representing MGAs in the UK and Ireland, commented: “MGAs bring underwriting expertise, product innovation and a very high standard of customer service to the markets they serve. But they depend on close relationships with capacity providers – insurance companies, reinsurers, Lloyd’s syndicates, and investors – and on the global insurance broking network. FASE aims to nourish and expand these relationships in Europe in addition to providing regulatory support.”
FASE will provide opportunities for MGAs across Europe to broaden relationships with capacity providers and distributors through a series of events, including a pan-European MGA Rendezvous scheduled for next spring.
“MGAs are, in the main, small businesses,” added Dario Spata, President of ASASE (Asociación de Agencias de Suscripción Españolas) and FASE advisory board member. “In insurance that can be a big advantage, because you can move faster. But as our members look to grow their business, they are sometimes hampered by regulatory obstacles, data gaps, and capacity constraints. FASE can help.”
Membership is open to MGAs with over a year of operations and annual premiums exceeding €500,000. Insurance and reinsurance companies seeking collaboration with European MGAs, along with supporting service providers, are also eligible.
“The MGA model is gaining momentum globally, and we expect this trend to continue, particularly in Europe,” said Olaf Jonda, CEO of DUAL Europe and a FASE advisory board member.
“Market dynamics such as the demand for flexibility, specialisation, and access to niche capacity are encouraging more insurers and brokers to collaborate with MGAs. In this context, well-managed and highly professional MGA associations can play a pivotal role in contributing to the sector’s growth. We see FASE stepping into this space to enhance and strengthen the MGA ecosystem across Europe.”
About the Author
