Brokers urged to explore protected cells for doing business in Europe

Protected Cell Companies in Malta could provide a lifeline to brokers and other UK insurance businesses seeking to write business in the European Economic Area (EEA) after Brexit.

Speaking alongside Kenneth Farrugia, chair of Finance Malta, at a City event for insurance specialists,* Michael Whitfield, non-executive director of specialist insurer Building […]

June 7th, 2017|Latest News, News|0 Comments

Malta-based BBI will be a bridge to Europe following Article 50 trigger

Building Block Insurance PCC Ltd (BBI), the Malta-based insurer, will deliver an optimistic message to brokers, insurers and MGAs uncertain about the impact of triggering Article 50 on their business, at this year’s BIBA Conference in Manchester.

Following the Prime Minister’s decision to trigger Article 50 of the Lisbon Treaty in […]

April 25th, 2017|News|0 Comments

Response to unrated insurers article in Post Magazine

There has been plenty of debate in the market about unrated insurers, following the demise of enterprise and Gable. Most recently, MGAA chairman and boss of Manchester Underwriting, Charles Manchester, has recently had his say on unrated insurers in Post Magazine.

His comments deserve a response.

Unrated insurers, whether UK or […]

March 13th, 2017|News|0 Comments

Malta-backed insurers will continue to provide solid framework for UK Brokers

Building Block PCC Ltd chief executive Paul Brierley has urged brokers to not to turn their backs on unrated insurers despite the recent difficulties posed by the demise of Gable and Enterprise.

Brierley said that unrated insurers fulfilled an important role in the UK broking sector. “Those that are well-managed and […]

November 9th, 2016|News|0 Comments

Strong Foundations laid for Building Block in first year of Trading

Building Block PCC Ltd has delivered 10 schemes and seven niche product lines since the company began trading a year ago. CEO Paul Brierley hailed the ‘fast start,’ made by the Malta-based protected cell business, in what he called “some of the most challenging conditions in the UK insurance market […]

November 9th, 2016|News|0 Comments

Doing business in Malta

Malta is famous for its history-making role in the Second World War. The Mediterranean island withstood all attempts by the Germans to subdue it, and in 1942 was awarded the George Cross by George VI to “bear witness to the heroism and devotion of its people during the great siege […]

August 9th, 2016|News|0 Comments

Historic Malta – UK relationship a strong foundation for business-as-usual after Brexit says Building Block

Historic Malta – UK relationship a strong foundation for business-as-usual after Brexit says Building Block

The long-established relationship between the UK and Malta is of historic significance and should provide plenty of opportunities for insurance and financial services businesses following Brexit.

Paul Brierley, chief executive of Malta-based insurer Building Block Insurance PCC […]

August 9th, 2016|News|0 Comments