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
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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
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Building Block Insurance PCC Limited is a cell company authorised under the Insurance Business Act, 1998 to carry on general insurance business in or from Malta and is regulated by the Malta Financial Services Authority (Co Reg No C63128). Deemed authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority.
The nature and extent of consumer protections may differ from those firms in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website