Firstance, the leading European Wealth Tech platform in the life insurance market, has partnered with Suisscourtage, an insurance brokerage firm with over 30 years of experience in Monaco.
This alliance aims to leverage the scale and reach of Firstance’s platform, which currently manages €39 billion in assets and has an extensive presence in key European financial hubs (Milan, Luxembourg, Switzerland, Liechtenstein, Spain, Monaco, and Finland). It also draws on Suisscourtage’s deep knowledge of the Monaco market and its professional reputation. In 2024, Firstance acquired Gatsby & White, a Luxembourg-based leader in life insurance intermediation, which has been active in the Monaco market for several years.
By combining international expertise, technological innovation, and local insights, this partnership represents a significant milestone for Luxembourg life insurance in Monaco.
A Partnership Set to Transform Monaco’s Life Insurance Landscape
Jérôme Ragas, CEO of Suisscourtage Group, states:
“This partnership enables us to strengthen our local presence while offering personalized solutions tailored to our clients’ needs through Firstance’s innovative technology platform. We can also create cross-selling opportunities for our Monaco-based clients, meeting their specific expectations in an international context.”
Massimiliano Merlo, CEO & Founder of Firstance, adds:
“This collaboration aims to provide UHNWI (Ultra High Net Worth Individuals) with bespoke solutions, while emphasizing the advantages of life insurance. Our ambition is to become a key partner for private banks, family offices, lawyers, and wealth managers by leveraging the strengths of our platform.”
An Exclusive Technological Platform
Benno Vegers, Partner at Firstance and Managing Director of Monaco, highlights:
“Firstance’s innovative platform is central to this initiative, delivering a wide range of high-quality life insurance products. By combining this platform with Suisscourtage’s local expertise, the two entities aim to meet growing client expectations and international intermediation standards while adhering to Monaco’s specific regulatory requirements. The solution encapsulates financial institutions’ asset management within the Luxembourg life insurance framework, providing significant added value in terms of security, transferability, and tax portability.”
The exclusive Firstance platform, paired with Suisscourtage’s local expertise, offers:
A Long-Term Vision for an Ambitious Project
Benno Vegers elaborates on the partnership’s long-term goals:
“This strategic partnership goes beyond expanding the range of services offered. It aims to strengthen ties with the local community and contribute to the economic development of the Principality. Our ultimate goal is to advance brokerage in Monaco, delivering tangible added value for all our partners.”
