Insurance Made Easy

As part of 77 Great Estates’ concierge service, our real estate firm may introduce you to insurance firms and insurance broker firms which enjoy a licence to operate as an Insurance firm/broker by the Malta Financial Services Authority.

Said firms offer various and innovative types of commercial or personal lines insurance policies and life insurance products while striving to satisfy all your insurance requirements. Their organisations are made up of qualified and trained personnel who are able to give each customer the individual attention one deserves. They are also ready and willing to provide a quote or advise you as to what type of insurance product you may need.


The main objective of the insurance brokers is the business of providing insurance coverage for clients who are situated throughout the Maltese Islands and the EU mainland. As brokers they obtain various quotes from the local market and from foreign markets in order to provide the best possible cover for the risk which is being covered. The insurance products sold are various, ranging from personal insurances such as home and motor policies to commercial policies for corporate clients. They are always pleased to meet up with clients and prospective customers to discuss and advise as to their insurance needs.

They also perform claims handling for its clients and have all the necessary experience from its staff to be able to handle all claims procedures. This ensures that there is a continuous high level of customer service from quote stage up until claims settlement.

The insurance broker firms operate under a very strict regulatory regime of the Malta Financial Services Authority which requires insurance broking companies to:

• have a minimum share capital of €100,000

• have a Professional Indemnity Insurance with a Limit of Indemnity of at least €1,000,000

• operate a “Business of Insurance Broking” bank account and

• hold a Fidelity bond of at least €12,000.

Some firms form part of international networks in order to tap into markets which are not always available in the local market. Said networks are made up of strong established companies each of which is able to offer the insight and expertise you need to ensure you get the best results from your global programme. This is peace of mind for you and your business not just in any language but in every language.


1) Personal Insurance:

Health Insurance

A Health insurance is necessary to have because we all know how often we visit doctors and sometimes require surgery as well as to avoid unnecessary delays due to waiting lists for the public health service. The insurance firms may offer a wide range of plans starting from the basic individual health plan to the corporate health plan which may be tailor made to your company’s and your needs.

Motor Insurance

Anyone who owns a motor vehicle must have a valid motor insurance policy. The minimum cover required by law is Third Party Only which covers liability to third parties i.e. claims made by third parties against you for damage to their property.

Since this cover is very limited and covers no protection for the insured vehicle, one may purchase Third Party Fire & Theft insurance as well as Comprehensive cover. The former offers fire and theft cover to the insured vehicle whereas the latter pays for damage to the insured vehicle irrespective of liability for the accident.

Insurance firms are able to issue certificates and licences instantly and in this way ensure that the renewal of your motor insurance is absolutely hassle free.

Home Insurance

We all know how hard we strive to have a comfortable home. What could be worse than opening your front door to discover a fire has damaged your home.

Insuring your home can ease the difficulties faced in these and other circumstances that we all very well know could happen to us too not just to the neighbour down the road!

The market offers various home plans mainly covering the Buildings, Contents, Personal possessions (All Risks) and Liability. Many extensions such as freezer contents, sports equipment and the like are also available.

Marine Hull

Whatever boat you own, the insurance firms are able to offer insurance covering the hull as well as third party liability. This ensures you are fully protected when the boat is ashore as well as afloat.

Travel Insurance

There are different forms of travel insurance offered by the market varying from the basic travel policy to the executive type covering various types of holidays, be it a cruise or a skiing holiday, motoring holiday or a business trip. Contact us and with all the online systems available to the insurance firms, they are able to issue travel policies immediately and you will have your travel policy in the shortest time possible.

Life Insurance

Wherever you are in your life – setting up a business, buying a new home, starting a family or planning for your retirement, the insurance firms have the life insurance and investment products that are flexible to suit your ever changing needs throughout life. Whether it is individual, joint or corporate life, they have the solution for you.

2) Business Policies

The insurance firms offer a wide range of policies for the small to medium business as well as the large corporation. The following are some of the policies available and they would be only too pleased to meet you and discuss your insurance needs in order to have your business covered:

• Fire & Theft

• Employers Liability

• Public Liability

• Group Personal Accident

• Loss of Profits

• Freight Forwarders Legal Liability

Marine Cargo Insurance

Insurance firms offer cover on a wide range of goods from foodstuffs and electrical goods to personal effects and valuable paintings. They offer a complete service of issuing the certificate of insurance as well as claims settlement.

For the importer or exporter who deals with many consignments in a month, certain insurance firms offer them an open cover contract whereby consignments may be declared to the insurance firm on a monthly basis at the end of each month thus avoiding the hassle of informing the insurance firm of each and every consignment as and when they arise.

For further information, kindly contact 77 Great Estates on (00356) 2125 2455; (00356) 9944 7444; skype: info.77GreatEstates or

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