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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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
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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