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Accord Insurance Brokers PCC Ltd: a company transformed

Accord Insurance Brokers PCC Ltd may be a new name in the insurance market, however the broking firm, previously known as KDM Insurance Brokers PCC Ltd, is no stranger to the industry. The company has been offering insurance broking services to its clients for a number of years, and many of these clients have been with them since its inception. “We are happy to partner with the M. Demajo Group, which has over a century of experience in various commercial sectors, Godwin Bencini, the insurance expert and Graham Bencini, a Certified Public Accountant by profession, and to have them on board as shareholders within the operation,” said Mr. Kenneth De Martino, company chairman. “With Godwin Bencini in the driving seat as Managing Director, we are confident that we can exploit the right synergies to maximise the potential of our operation.”

Godwin E. Bencini has a long and successful career in the financial services industry. With over 40 years of experience in the insurance field, he is considered to be a leading authority on insurance in Malta. He has set up Professional Indemnity and Medical Malpractice insurance policies for various professions, including architects and physiotherapists. His expertise and excellent reputation in the field, is considered to be one of the major assets of Accord Insurance Brokers PCC Ltd.

“Accord Insurance Brokers PCC Ltd will continue to build on its reputation as a reliable, quality insurance broking service provider to the corporate market” stated Mr Bencini. “We are known as the go-to broker for niche markets and specialised classes of insurance. We will strengthen our position in that area as well as extend our service offering to new markets. All our employees are very well versed in their particular area of insurance expertise. Our diverse knowledge and experience places us in a position to offer all round expert support and service to existing and potential new clients. This, coupled with the high level of quality service which both KDM and M. Demajo Group are synonymous with, will lay the foundation for a positive and successful future together.”

Accord Insurance Brokers PCC Limited is licensed as an insurance broker Protected Cell Company (PCC) in Malta and Europe.  This will enable cells to benefit from their insurance broker licence with the Malta Financial Services Authority (MFSA) which brings about a number of practical (and financial) benefits to large organisations and insurance brokers worldwide. Their set up can be of particular interest to foreign brokers seeking to redomicile, to international trading companies with a large insurance spend, and to prospective insurance brokers. Currently Malta is the only full EU jurisdiction with a PCC facility, and Accord; previously KDM Insurance, was the first licenced broker PCC. All the new partners realise the potential for further development of the PCC operation and discussions are already in progress with prospective clients to explore the options further.

For additional information please visit Accord at their new offices at 141, Old Bakery Street Valletta, visit their website at www.accordinsurance.com.mt or contact them on 2552 3636.

Last modified onTuesday, 16 December 2014 09:36

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