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4th of February 2012

USA Risk Group launches joint venture in Malta

Gavin Bradshaw 10/06/2010

USA Risk Group has expanded its captive insurance management operations to include Malta through a joint venture between USA Risk Group (Europe) and Jatco Insurance Brokers.
 
USA Risk Group said the joint venture, USA Risk Group (Malta), was in response to the necessity for having a presence in the EU due to new regulation coming into practice.
 
In a statement, USA Risk Group said it was looking forward to growing its presence in the European Union.
 
John Tortell, formerly general manager for Heath Lambert Insurance Management (Malta) (now part of Heritage Insurance Management) has been appointed as director of USA Risk Group (Malta).
 
In a statement he said: “This is a new and exciting venture for the local financial services market as 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.”

Tags: Heritage Insurance Management, Malta, Usa risk group

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