Abacus Risk Management promotes Malta in Brussels as reputable captive insurance domicile

The first private firm to organise such an event in Brussels, Abacus Risk Management Services PCC Ltd secured an impressive number of hand-picked participants and potential client from Central Europe. 

With the support of Prof. Joe Bannister, Chairman Malta Financial Services Authority, Dr. Neville Gatt, PriceWaterhouse Coopers and Malta’s Ambassador to Belgium His Excellency Pier Clive Agius, the seminar promoted the opportunities Malta holds for foreign clients wishing to benefit from Malta’s rising status as a Financial Services Centre.

It debated issues such as the strong regulatory framework, the robust legislative framework and benefits for Insurers selecting Malta as a domicile. The audience heard about the particular strengths of Abacus Risk Management Services PCC Ltd and the way that it can assist clients with Alternative Risk Transfer and Insurance Management.

Albert P. Mamo, Managing Director of Abacus Risk Management Services PCC Ltd said:  “We are very satisfied with how the seminar turned out and with the positive outcomes that resulted from this fruitful exercise.  As one of Europe’s established captive domiciles, and the only full EU member state to have introduced Protected Cell Company legislation, Malta can continue to attract foreign companies and multi-nationals to set up various types of captives or direct insurance companies on the Island.”

Abacus Risk Management Services PCC Ltd is an associate company of GasanMamo Insurance Limited, one of Malta’s leading general insurance companies.  Abacus has formed strategic relationships with leading firms in specialised areas relating to captive insurance.  With many years of practical experience in the complex areas of captive insurance, global insurance programmes and risk management, the people behind Abacus offer superior client satisfaction and high-level management performance based on technical knowledge and backed by an efficient back office.