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IGI Granted Approval for a European Subsidiary in Malta
July 13, 2021 GMT
HAMILTON, Bermuda (BUSINESS WIRE) Jul 13, 2021
International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has set up a European subsidiary in Malta to directly access business across Europe.
International General Insurance Company (Europe) SE (“IGI Europe”), a subsidiary of Bermuda-based International General Insurance Co. Ltd., has been granted licensing by the Malta Financial Services Authority (“MFSA”) and is authorized to begin writing business.
IGI also announced that Keith Mallia-Milanes has joined IGI as Chief Executive Officer of IGI Europe. Mr. Mallia-Milanes has more than 35 years of industry experience. Keith joins IGI from MAPFRE Middlesea, where his latest role was Assistant General Manager responsible for the Technical & Operations