Insurance claims for storm damage could run into several millions

  In the aftermath of Sunday’s storm, people have been counting the damage caused to their property Insurance claims for damage caused by Sunday’s storm could run into several millions but an accurate estimate will not be available for weeks, an industry representative said. Adrian Galea, director general of the Malta Insurance Association, said it […]

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Tackling drink and drug-driving – Adrian Galea

The annual festive season has a tendency of raising the level of awareness about the perils of drink-driving. In his interview on TVM, George Grech (who faces the extent and reality of drug abuse on a daily basis) reminds us that drug-driving is, on top of drink-driving, another phenomenon to be reckoned with. Although the […]

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The application of blockchain technology to the insurance sector

With its potential to streamline complex processes and the capacity to enhance transparency and efficiency, Blockchain technology is well positioned to provide modernised insurance to a new generation of consumer. The features inherent in the technology lend themselves perfectly to the insurance sector and are ideal for the technology’s implementation, with potential benefits for both […]

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Malta Insurance Association on Skjetti – TVM

The Director General of the Malta Insurance Association, Mr Adrian Galea was a guest on the programme Skjetti conducted by Mr Quinton Scerri on TVM on Wednesday 2nd May 2018 and Sunday 6th May 2018. https://www.tvm.com.mt/mt/programmes/skjetti-2/ondemand/27394815/ https://www.tvm.com.mt/mt/programmes/skjetti-2/ondemand/27423481/

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Press Release – Financial Services Scholarship Scheme

The Malta Insurance Association (“MIA”) welcomes the agreement reached between the Malta Financial Services Authority and the Ministry for Education and Employment for the provision of short-term Scholarships aimed at addressing the existing skills gaps within the Financial Services Industry. The success of this industry has created a strong demand for skilled and qualified people […]

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Il-kumpaniji tal-assigurazzjoni tal-karozzi jridu tibdil fis-sistema tal-punti

l-kumpaniji tal-assigurazzjoni tal-karozzi jridu tibdil fis-sistema tal-punti li jiriflettu anke l-ħlasijiet għall-premium u anki tibdil fl-amministrazzjoni tas-sistema penali tal-punti għas-sewwieqa. L-Assoċjazzjoni Maltija tal-Assigurazzjoni (MIA) qed tisħaq li s-sistema tal-punti fis-sewqan tista’ tkun iktar effettiva jekk isir tibdil il-kumpaniji tal-assigurazzjoni jibdew jużawha huma wkoll. Tgħid li b’dan l-aġġustament, il-prezzijiet ikunu aktar ġusti mas-sewwieqa biex min ikun […]

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Insurers’ association warns against ‘exceptions’ to the penalty point system

These would be counterproductive While empathising with the concerns raised by business owners on the penalty point system, the Malta Insurance Association warned against making any exceptions, saying this would be counterproductive. The association made the point in a statement issued on Friday in which it reacted to the criticism made by the Malta Chamber of […]

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