Heath Lambert Insurance Management Group (HLIMG) has entered into a joint venture with Maltese broker Jacto Insurance Brokers...

Heath Lambert has announced the launch of a new captives operation in Malta.

Heath Lambert Insurance Management Group (HLIMG) has entered into a joint venture with Maltese broker Jacto Insurance Brokers, owned by John Tortell, and Sisiell Ltd, headed by lawyer Dr Simon Tortell, and has received a licence from the Maltese regulator to act as an insurance manager.

The company has been working since Malta joined the EU in May 2004 to establish a captive operation in Europe.

John Tortell has been appointed as general manager of Heath Lambert Insurance Management Group's Malta operation.

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