FIRSTANCE COMPLETES THE ACQUISITION OF GATSBY & WHITE, CREATING THE LEADING EUROPEAN INTERMEDIATION PLATFORM IN THE PRIVATE INSURANCE MARKET

Milan and Luxembourg, May 14th, 2024: Firstance completes the acquisition of Gatsby & White S.A. and Gatsby & White Agency S.A. (collectively, “Gatsby & White”).

Through this transaction, duly authorized by competent regulatory authorities, Firstance and Gatsby & White officially join forces, creating the leading European player in the intermediation of private insurance solutions, boasting:

  • Over €38 billion in intermediated assets;
  • Licensed presence in: Italy, Luxembourg, Liechtenstein, Spain, Monaco and Belgium;
  • Coverage in 31 jurisdictions;
  • A team of over 90 professionals, constantly growing and with recognized expertise;
  • A state-of-the-art proprietary technology platform capable of ensuring automation and digitalization of processes related to the distribution and intermediation of private insurance solutions.

Massimiliano Merlo, Founder & CEO of Firstance, commented: “We are thrilled to announce the beginning of an exciting new chapter for Firstance. This transaction represents a significant milestone in the private insurance market: together, we aim at becoming the reference intermediation platform for our clients and partners, thanks to the superior expertise of both entities and a strong local presence in all the main European wealth management hubs.”

Pieter Coopmans, newly appointed Executive Chairman of Firstance, commented: “We look forward to operating as a single, coordinated group; our goal is to create a unified, cohesive organization that delivers even greater value to our clients, preserving the best of both organizations while driving positive change and growth. We are confident that the future is bright for Firstance.”

Regarding Firstance

Firstance is the leading European distribution platform in the private insurance market, providing customized services to partners and clients, leveraging cutting-edge technology and innovative solutions. With over €38 billion in intermediated assets, Firstance is the undisputed leader in private insurance distribution in Europe and beyond. Firstance sets the standard in its market, being a true reference point in the intricate financial landscape, addressing the evolving needs of clients and partners in the wealth management and private insurance industry.

 

visit www.firstance.com for more

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