# Fastnet Underwriting > Irish MGA providing private motor insurance for non\-standard drivers through a broker network ## At a glance | Field | Value | | --- | --- | | Type | MGA | | Region | EMEA | | Headquarters | Dublin, Ireland | | Founded | 2023 | | Employees | 1-10 | ## Overview Fastnet Underwriting is a private motor insurance MGA based in Dublin, Ireland, distributing exclusively through a network of Irish insurance brokers. The company targets drivers with complex driving histories who are underserved or declined by standard carriers, providing a non-standard product line underwritten by AIG. Fastnet is regulated by the Central Bank of Ireland and operates from the IFSC (International Financial Services Centre) in Dublin 1. The company uses the Applied Systems Riskhandler platform for broker distribution and policy administration, combined with data enrichment from LexisNexis Risk Solutions and Thatcham Vehicle Risk Data (VRD) to support precise risk assessment. Fastnet employs configurable underwriting rules tailored to specific non-standard customer segments, rather than applying rigid blanket exclusions. Digital identity verification is handled via ID-Pal. Founded in 2023 and launched to market in October 2024, Fastnet has built a broker network spanning 35+ partners across all four provinces of Ireland -- Connacht, Leinster, Munster, and Ulster. The company won the 2025 Brokers Ireland Insurance Provider Award. ## Products & services ### Private Motor Insurance \(Non\-Standard\) Motor insurance for drivers with complex driving histories -- including those declined or offered uncompetitive terms by standard carriers. Policies are underwritten by AIG and distributed through appointed Irish insurance brokers. **Key features:** - Non\-standard private motor insurance for high\-risk and declined drivers - Configurable underwriting rules aligned to specific customer segments - Risk assessment using LexisNexis Vehicle Insights and Thatcham VRD data *Target users:* Irish private motor insurance customers with non\-standard risk profiles *Distribution:* Broker network \-\- 35\+ appointed Irish insurance brokers across four provinces ### Digital Underwriting Platform \(via Applied Riskhandler\) Fastnet uses Applied Systems UK Riskhandler for broker onboarding, policy processing, and data integration. The platform enables broker activation within one hour and supports straight-through processing via Applied Connect API. **Key features:** - Automated data flows via Applied Connect integration - Rapid broker activation \(within one hour\) - Configurable underwriting rules per customer segment *Target users:* Irish insurance brokers partnering with Fastnet *Distribution:* Brokers access the platform directly as part of the Fastnet distribution model ## Links - Website: - Directory profile: - About us: - Linkedin: - Broker list: --- *Last updated: 2026\-06\-13*