Page 57 - Monaco Economy 129

Gatsby & White

Leading the Charge in Monaco’s Evolving Life Insurance Landscape PUBLI-COMMUNIQUÉ

"Navigating Regulatory Waters with Integrity Q: How do you differentiate Gatsby & White policy implementation until the completion of
and Innovation". in a crowded marketplace? the life insurance contract issuance process.
In the heart of Monaco’s thriving BV: What sets us apart is our unwavering Gatsby & White is dedicated to providing
financial district, a distinguished player commitment to client interests. We are not comprehensive servicing throughout the
is transforming the landscape of wealth beholden to any insurer or provider, which lifetime of the policy, ensuring ongoing support
protection. Gatsby & White, an independent, allows us to offer truly impartial advice. This is and adherence to evolving wealth planning
privately-owned European life insurance crucial, especially in a world where regulatory objectives.
intermediation platform, is redefining risks are on the rise. We prioritize the client’s
the role of life insurance brokers in needs above all else, and that’s a differentiating Q: What does the future hold for Gatsby &
the principality. Their commitment to factor that our partners greatly appreciate. White?
delivering customized life insurance BV: The future is promising. We are committed
solutions with unwavering integrity, and to digitalization and enhancing our services
their ability to anticipate and adapt to to provide a true value proposition. We will
regulatory changes, has positioned them continue to set the gold standard in our market
as a trusted partner for leading businesses and serve as a trusted partner for clients and
in the region. business partners in Monaco and beyond.
Gatsby & White will further strengthen its
Gatsby & White position in 2024 by incorporating (Variable)
Founded in 2013 in Luxembourg, Gatsby & Universal Life (VUL) insurance into its suite of
White embarked on a journey to provide a offerings in Monaco. This strategic addition
level of independent advisory services that allows clients to benefit from the unique
would not only meet but exceed the evolving combination of lifelong insurance protection,
demands of the wealth management industry. flexible premiums, and the potential for cash
In a rapidly changing regulatory landscape, value growth through market investments. By
their commitment to impartiality has become embracing the evolving demands of wealth
their hallmark. Expanding their operations to protection and offering tailored VUL solutions,
Monaco in 2022, to further solidifying their Gatsby & White continues to lead the charge in
presence in the European financial landscape. Monaco’s dynamic life insurance landscape,
Benno Vegers, Managing Partner at Gatsby & setting a gold standard for excellence and
White, provides an insight into the company’s innovation.
unique approach and unwavering commitment In a world where compliance and client
to client interests. Mr. Vegers, an industry interests are paramount, Gatsby & White’s
veteran, sheds light on the company’s origins role as a trusted advisor and life insurance
and its continued success in the financial hub intermediary has become indispensable. With
of Monaco. Q: Could you shed some light on Gatsby & a commitment to integrity, impartiality, and
White’s process for serving private clients? excellence, we continue to shape the future
Q: Can you describe Gatsby & White’s journey BV: Our approach is highly client-centric. We of wealth protection in Monaco and beyond.
and what sets your company apart? work closely with clients and their advisors Gatsby & White has office locations in
Benno Vegers (BV): Certainly. When we to create effective strategies that align with Luxembourg, Belgium, Liechtenstein, and
established Gatsby & White in 2013 in their home jurisdiction. These strategies are Monaco allowing us to broker wealth planning
Luxembourg, our vision was clear – to become designed to achieve various wealth planning solutions across the majority of EU Member
a leading trusted advisor for our clients and objectives, including succession planning, states. From Luxembourg Gatsby & White
business partners. We saw the regulatory control retention, security, and international can also provide wealth planning services to
challenges that wealth managers and private portability. diverse non-European jurisdictions.
clients were having trouble with and The company’s process is meticulous. We Distinguished by 6.0 billion euros in Assets
understood the need for a truly independent initiate discussions only after an introduction Under Administration, active management of
intermediary. Challenges were plentiful, but from the client’s financial or legal advisor. Once 3000 policies , and 96 cooperative agreements
our dedication to impartiality and integrity has the framework of a life policy is agreed upon, with business partners, Gatsby & White
allowed us to navigate the complex waters of Gatsby & White conducts a thorough survey of navigates complex financial landscapes with
wealth protection effectively. Our expansion various insurance offerings, helping the client excellence.
into Monaco in 2022 marked a significant step select the preferred provider. We negotiate the
in our journey. best terms and conditions and oversee the www.gatsbyandwhite.com

57