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

Building Block partners The Source with new Lifestyle Insurance product

Building Block PCC Ltd, the Malta insurer, is to underwrite a new Short Term Income Replacement (STIR) product, marketed as a ‘lifestyle’ product to replace income or cover mortgage/rent in the event of a successful claim.

A new panel has been developed and relaunched by The Source, the dominant player in […]

May 18th, 2017|Products|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

BBI and Alpha become Perfect Pet Partners

Building Block PCC Ltd, the Malta-base niche and specialist insurer is partnering with Alpha Underwriting Ltd to enter the UK’s fast growing pet insurance market. Paul Brierley, BBI’s CEO, said the partnership has kicked off with simple Pet Insurance products covering cats and dogs, marketed under the Perfect Pet brand.

Natalie Surtees, […]

March 6th, 2017|Products|0 Comments

Michael Whitfield joins the Board of Building Block PCC Ltd.

Michael Whitfield has been appointed to the Board of Malta-based protected cell insurer Building Block PCC Ltd (BBI) with immediate effect.

Confirming the appointment, BBI’s CEO Paul Brierley said: “I am delighted to have someone of Michael’s calibre to call upon as we continue our push for growth. He is hugely […]

November 15th, 2016|Team|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