Mapfre MSV Life recently presented the 2017 Intermediary Awards at an event during which the company also presented its financial results and its business plans for the current year.

Speaking during the event, Mapfre MSV Life CEO David G Curmi thanked the intermediaries for their performance which contributed towards the record results the company managed to achieve during 2017. He announced that gross new business sales for 2017 had reached a record €248 million, up from €233 million during the previous year.

“Mapfre MSV Life today operates through the largest life insurance distribution network in Malta and Gozo – a network that comprises all Bank of Valletta branches, all APS Bank branches, various tied insurance intermediaries, all insurance brokers and three regional offices.

Our distribution footprint in Malta and Gozo is one of our key strengths

“We consider our distribution footprint in Malta and Gozo to be one of our key strengths. While bancassurance remains our most important distribution channel, to ensure that we provide our customers with greater accessibility and a better service, we are continuously seeking to strengthen all our distribution channels,” Mr Curmi said.

Before presenting the annual awards, Mr Curmi also highlighted the key business development initiatives that Mapfre MSV Life is planning for 2018, including the launch of the first digital savings product in the market.

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