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Insurance Management Services
Ark Insurance Management (Malta) Ltd provides management services to international
general insurance and reinsurance companies including captives and protected cell
companies.
The company benefits from the vast expertise of insurance professionals within the
Atlas Group. Our staff includes several Fellows and Associates of the Chartered
Insurance Institute and other business related qualifications, and a network of
specialists that include legal and financial advisors.
Our Services include:
- Feasibility Studies
- Preparation of Business Plans
- Incorporation and Registration of insurance companies
- Assistance in the application process and regulatory compliance matters
including
the submitting of necessary statutory returns
- Underwriting support and claims handling including
- Ensuring appropriate cover is provided for an appropriate premium leading to an underwriting profit
- Agreeing on reinsurance contracts with fronting companies if necessary
- Production of insurance policies
- Amendments & endorsements maintained on a timely basis
- Reinsurance
- providing assistance in seeking reinsurance and designing the reinsurance programme
- monitoring of terms & documentation to ensure that the captive is fully protected
to the extent expected
- notifying reinsurers of claims and ensuring speedy settlement
- Accounting and back office administration including budgets, cash
flow forecasts, policy statistics, loss reports and management accounts
- Corporate services including board meeting facilities and company secretarial services
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