The recent launch of the Fédération des Agences de Souscription Européennes (FASE) signals a new chapter for Europe’s managing general agent (MGA) sector. This new pan-European organisation is dedicated to connecting Europe’s MGA with capacity providers, brokers and the wider insurance sector.
We’re delighted that OneAdvent’s CEO, Tim Quayle, has joined FASE’s advisory board as we believe this initiative marks a significant step towards closer collaboration across Europe and advancing the goal of establishing truly pan-European MGAs that can operate successfully across the continent.
This year, industry conversation has centred around ‘the European MGA opportunity’. Howden Re1 has reported an €18 billion market, 23% growth potential, and passporting access to 27 territories, positioning Europe as the next frontier for MGA expansion. But at OneAdvent, we know this opportunity isn’t new; the potential has always been there. Viewing Europe simply as a single ‘new’ market to enter with a London Market approach is a fundamental mistake.
As Cian O’Toole, our European Managing Director, and Tim both recognise, Europe isn’t just one, but 27 distinct, dynamic, and diverse markets. Treating it as a single regulatory or cultural block is one of the most common, and costly, misconceptions. There’s a reason why, to date, no MGA has written meaningful premium across more than 15 European countries with genuine local operations. Why? Successful scaling in Europe demands local expertise, regulatory alignment, language localisation, and sustained broker presence.
The creation of FASE is a pivotal development in bringing these markets together. For OneAdvent, Tim’s appointment to the board offers a unique opportunity to shape a framework that enables MGAs to thrive across Europe’s diverse insurance landscape. Ultimately, FASE will play a vital role in connecting Europe’s insurance ecosystem, which is essential to MGA success.
We understand that MGAs depend on strong relationships with local capacity providers, reinsurers, brokers, and investors, and these relationships often pose the biggest challenge when entering new European markets. Our goal has always been to simplify and accelerate MGA expansion through a single operating framework that delivers speed, regulatory certainty, and commercial credibility. With the correct regulation, governance, and partnerships, we help MGAs scale efficiently, compliantly, and confidently without having to build everything from scratch.
Through our collaboration with FASE, we can now strengthen those foundations even further, expanding our local networks and deepening the regulatory and cultural insight which is essential to long-term success. Together, we aim to create a sustainable approach to helping MGAs operate across Europe.
Tim Quayle concludes: “I’m delighted to be supporting FASE in its mission to strengthen and grow the MGA sector in Europe. I look forward to working closely with fellow board members and the wider MGA community to help unlock the significant opportunities that Europe offers.”
1 Howden Re: Agents of Change Report
About OneAdvent
OneAdvent helps launch and scale MGA businesses by offering a breadth of bespoke services that fill crucial capability gaps. OneAdvent’s service offering provides clients with the fundamental processes and back-office infrastructure to help set-up their regulated insurance business, allowing them to focus on product development and distribution.
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