A joint venture between Jatco Insurance Brokers Limited and USA Risk Group (Europe) Limited has seen the setting up of USA Risk Group (Malta) Limited. The result of which is that USA Risk Group has now expanded its captive insurance management operations to include Malta, which has developed into one of Europe’s leading captive insurance domiciles.
The group being the fourth largest captive manager in the world has set up in Malta as it was felt that having a presence in the EU was a necessity due to new regulation coming into practise. USA Risk Group feels that it can be a success to building its European captive insurance base in Malta and is looking forward to growing its presence in the European Union.
The size of the group which is now present in sixteen domiciles worldwide ensures experienced and capable people offering clients innovative, flexible solutions that deliver the full benefits of today’s alternative risk mechanisms. The group develops innovative alternative risk solutions that enable clients to maintain affordable and flexible insurance coverage, improve cash flow, and control expenses.
Mr John Tortell a spokesman for USA Risk Group (Malta) Limited has stated that this is a new and exciting venture for the local financial services market as now a new US perspective has been added to it. The group looks forward to this new European venture with the knowledge that the local market will benefit from our presence.
John Tortell, Director
00356 21 324875
USA Risk Group (Malta) Limited
Fontana Mansions Flat 2 Bisazza Street, Sliema, Malta
