Middlesea Insurance and MSV Life have opened a joint regional office and motor claims surveying centre in Wignacourt Street, Birkirkara.

Alfredo Munoz Perez, president and CEO of Middlesea Insurance, noted during the opening that although it was commonly said that the local insurance market was already saturated with little or no room for growth, it was the company’s mission to prove this wrong. MSV Life CEO David Curmi added that his company has seen growth at double the rate of the market in 2014. He also expressed optimism about the local market, especially with regard to the pensions sector where it is already planning products in line with the new regulatory regime.

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