Vigilis Services Limited has announced that it has been licensed in Gibraltar by the Financial Services Commission as a general insurance intermediary. The company will initially be involved in transacting Commercial, Ultra High Net Worth Household and Art/Specie classes of insurance sourced from both the Intermediary and Direct distribution channels, for clients within the U.K. and mainland Europe.
Gary Burke Chairman of Vigilis Services Limited said: "I am delighted with the establishment of this new business in Gibraltar and grateful for all the support we have received from the Government of Gibraltar, the Gibraltar Financial Services Commission and our professional advisers at Hassans led by Nigel Feetham who has acted for us in recent months."
Gibraltar’s Minister of Commerce, Albert Isola, stated “We are delighted to welcome Vigilis Services Limited to Gibraltar. Gary Burke has had a long and successful career in the insurance sector and his decision to establish a new insurance intermediary business in Gibraltar ahead of Brexit is a strong vote of confidence in the jurisdiction. Gibraltar offers the regulatory professionalism and market conditions to enable businesses like Vigilis to expand and develop successfully. Gary has already assembled a strong and experienced team within the Vigilis Group and we wish them every success as they start to build their new insurance business."