Laferla Insurance Agency signs agreement with MAPFRE MSV Life

Published by

The Malta Business Weekly

2 years ago

From left: Michael Galea – Business Development Chief Officer (MAPFRE MSV Life), Mark Laferla Jr – Joint Managing Director (Laferla Insurance Agency), Keith Laferla – Joint Managing Director (Laferla Insurance Agency), Etienne Sciberras – Chief Executive Officer (MAPFRE MSV Life).

Laferla Insurance Agency recently signed an agency agreement with MAPFRE MSV Life, in a move which sees the Laferla and MAPFRE elevate their relationship in the Life Assurance sector in Malta.

Through this new agreement, Laferla, which previously acted as a Tied Insurance Intermediary for MAPFRE MSV Life, will have broader opportunities to offer MAPFRE MSV Life’s extensive range of Life Assurance products, including Protection and Loan Protection Plans, Whole of Life, Unit-Linked and With-Profits Saving Plans, Pension Plans, and Corporate Pension Schemes, to its existing clientele.

Laferla will be able to offer more efficient access to complimenting insurance products, such as combining Loan Protection Plans together with Home Insurance, Landlord Insurance or Business Insurance products to satisfy credit facility requirements.

The company will also be able to add Corporate Pension Schemes to its existing suite of Employee Benefits products such as Group Health, Group Life and Accident insurance to employees of corporate customers, offering the most effective employee benefits insurance solution in the market.

This investment continues to solidify the excellent relationship between the Laferla and MAPFRE brands.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.