About Us
Faraday Europe is a newly established MGA wholly owned by Faraday. It is expected to start trading in early 2025. Faraday Europe will be able to offer insurance solutions to commercial policyholders in Europe, with an initial focus on France, Spain and Germany. Distribution will be available via Lloyd’s and non-Lloyd’s broker channels.
Capacity
Faraday Europe policies will be underwritten by Lloyd’s Insurance Company S.A., and 100% reinsured to Faraday Syndicate 435. Both LIC and Faraday Syndicate 435 benefit from the Lloyd’s A+ AM Best credit rating. Further details on Lloyd’s credit rating can be found here:
https://www.lloyds.com/about-lloyds/investor-relations/ratings
Regulatory Status
Faraday Europe SAS is a simplified joint-stock company duly registered under n° 929 999 274 RCS of Paris whose head office is at 21 rue Balzac 75008 Paris (France) regulated and controlled by ACPR (Autorité de Contrôle Prudentiel et de Résolution) and registered as an insurance intermediary at ORIAS under n° 24006772.
Faraday Europe SAS is an approved service company coverholder at Lloyd’s.
Broker Queries
If you are a broker interested in finding out more, please contact james.staab@faraday.com