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Malta selected as financial firm’s first bricks and mortar presence outside UK

Source link : https://love-europe.com/2024/10/31/malta/malta-selected-as-financial-firms-first-bricks-and-mortar-presence-outside-uk/

Bridge Insurance Brokers is cementing its global operation by establishing Bridge Insurance Brokers (Europe) Cell in Malta.

The new Malta office is the Manchester-based company’s first bricks and mortar presence outside the UK.

The Cell – a Protected Broker Cell of Jatco Insurance Brokers PCC Ltd – was created to provide a European base for Bridge’s International team, allowing them to offer on-the-ground support for UK-based clients with European offices and domicile risks.

The presence in Malta also supports the existing international reach the business has through its partnership with Brokerslink, the worldwide broking network.

Headed up by the Managing Director John Tortell and managed by the Cell Management Committee Members, Roger Potts, David Horne and Jackie Mallia, the Malta office has local full-time employees, supported by seconded employees.

Roger Potts said: “This is the culmination of two years’ hard work,” says Potts. “We have several UK clients looking to expand into Europe. Being here means we can provide the best possible service and ensure that they have cover that is compliant with the regulatory changes that have occurred since the UK’s departure from the EU.”

The Cell was licenced by the Malta Financial Services Authority on the 5th December 2023 and the second Cell Management Committee Meeting in Malta was held in October 2024.

“We realised we needed a central European location in order to support our clients fully as they navigate the changing business landscape within Europe,” says Horne. “Bridge’s ethos has always been to provide the most personal, bespoke level of service to our clients, and having people on the ground here will mean we can continue to do that.”

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Publish date : 2024-10-31 08:49:00

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The post Malta selected as financial firm’s first bricks and mortar presence outside UK first appeared on Love Europe.

Author : love-europe

Publish date : 2024-10-31 16:16:50

Copyright for syndicated content belongs to the linked Source.

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