PREMIUM Insurance Company Limited is a limited liability company established in 2015 under the laws of Gibraltar. The company was licensed to conduct insurance activities on 16th December 2016 by the relevant regulatory authority, the Gibraltar Financial Services Commission (www.fsc.gi).
In connection with a decision of the United Kingdom to withdraw from the European Union (a process known as “Brexit”) PREMIUM Insurance Company Limited moved its registered office to the Republic of Malta in order to maintain the Company’s access to the single European market.
In present days PREMIUM Insurance Company Limited is registered with the Malta Business Registry with registration number C 91171, from where it operates on the basis of its authorisation to carry out insurance activities issued by the Malta Financial Services Authority (http://www.mfsa.com.mt) on 26 March 2019.
The above change related to the domicile of the company, its authorisation and supervisory authority had no impact on the Company’s business relations with its business partners and clients. All insurance and other contracts concluded PREMIUM Insurance Company Limited remains valid and all rights and obligations of the contracting parties established by these contracts remain intact to the full extent.
- PREMIUM Insurance Company Limited is authorised to carry out insurance activities in the territory of the Slovak Republic on the basis of Freedom of Establishment through its Branch office, which has been listed by the Slovak National Bank in the list of entities operating on the Slovak financial market .
PREMIUM Insurance Company Limited has been registered in the Register of Public Sector Partners established by the Act. No. 315/2016 Coll. on Register of Public Sector Partners and on any amendment and supplement tto this act since 01 February 2017.
PREMIUM Insurance Company Limited, pobočka poisťovne z iného členského štátu is also registered with the List of Economic Entities kept by the Office for Public Procurement pursuant to the Section 152 of the Act No. 343/2015 on Public Procurement and on Amending and Supplementing Certain Acts, as amended.
The Board of Directors of PREMIUM Insurance Company Limited consists of:
Mojmir Vedej - Executive Chairman
A highly-respected insurance professional with over 24 years’ industry experience including senior management positions with AIG, Allianz and Respect Slovakia
Marcin Klugowski – Executive Managing Director and CFO
Chartered Accountant with almost 15 years’ experience working in the financial field, including substantial experience in an insurance regulatory environment, Solvency II and IFRS accounting, as well as in general management of an insurance company.
Marek Benko – Non-Executive Director
A qualified lawyer with over 17 years of experience in the insurance industry including providing legal services in the field of financial intermediation and representing the clients in particular indemnity cases.
Sean Agius - Executive Director and Risk & Compliance Officer
Chartered Insurance Practitioner with 27 years’ industry experience occupying senior management positions and specializing in commercial insurance, risk management and compliance, and supporting lecturer at University of Malta and local financial services training institutions
Steve Quinn – Non-Executive Director
He has an extensive knowledge of the international financial services market and he was the European Head for Artex Risk Solutions headquartered in Gibraltar.
Karl Micallef – Non-Executive Director
A CFA charterholder with over 20 years’ experience within the investment management industry providing customised investment solutions to insurance companies and occupational pension schemes.
PREMIUM is Authorised by the Malta Financial Services Authority.