Heritage Group - moving forward in Malta

Heritage Insurance Management (Malta) Limited (HIMM) has set up Trinity Lane Insurance Co. Ltd and Setanta Insurance Co. Ltd in Malta. Both companies are authorised by the Malta Financial Services Authority to carry on the business of insurance restricted to risks situated outside Malta.

Both companies will initially be underwriting motor insurance and personal accident cover and availing themselves of the European Passport Rights of Insurance Undertakings Regulations 2004, under the provision of freedom to provide services.

Trinity Lane Insurance has entered the UK market and will initially be supported by a number of specialist insurance brokers in the UK.

Richard Tee, chief operating officer of Heritage Group, said: "As part of its expansion process, HIMM is building a team of professionals with the necessary experience and expertise to provide the full range of insurance services.

"In this respect, Heritage is pleased to announce that Evander M. Borg has joined the Group and will be heading the Malta operation. We are delighted to have Evander on board; he has a wealth of experience in international business and in the Maltese insurance market."

The Maltese operation will be supported by Heritage Group's Guernsey office, which has a proven track record acting for insurers and reinsurers in international markets.

HIMM can provide the group's clients the full range of services, including underwriting, technical support, claims management, ledger reconciliation, back office systems, reserving and accountancy.

Evander Borg, FCII, MBA (Brunel-Henley), FRSA (Lond.), began his insurance career in 1982 with Mediterranean Insurance Brokers Ltd. Having commenced with the first induction course at the Malta International Training Centre (MITC), he continued his studies and in 1987 obtained his Associateship of the Chartered Insurance Institute.

He was conferred with the Fellowship of the same Institute in 1988, also achieving Chartered Insurance Practitioner status. He joined Middlesea Insurance plc in 1994 as head of the Marketing and Research Department.

In 1996 he obtained his Master's in Business Administration from Brunel University/Henley College of Management. Before leaving the Middlesea Group he was the group company secretary and compliance officer.