Independent insurance manager and financial advisory firm Robus Group has opened its new office in Malta in preparation for Brexit.
The new base will enable to Robus Group to grant its clients uninterrupted access to the European Single Market after the UK departs from the European Union (EU) in March next year.
Licensed by the Malta Financial Services Authority, the new office is situated in San Gwann, Malta.
The new office complements Robus’s operations in Guernsey and Gibraltar.
The company has selected insurance industry veteran Jonathan Abela to manage the Malta operation.
Commenting on opening of new office, Abela said: “We don’t exist for Brexit but we exist because some of our clients require the capability to be able to write risk in the EU beyond March 2019. That’s why we are resourcing Robus in Malta.”
Additionally, Robus Group has hired Matthew Ciantar as a senior accountant in its Malta office. Earlier, Ciantar was with KPMG and has worked in Malta and the US.
Maltese lawyer Angela Thorns has been named as the new non-executive chairman of the Maltese operation.
Robus Group CEO Richard Le Tocq said: “Obtaining our Malta licence at this pivotal time for business in Europe is extremely timely and will mean that we can offer genuinely independent advice to our clients whether they need to be in a European jurisdiction or otherwise.”