The Atlas Group of companies today forms one of Malta's foremost insurance and financial services organisations. The basis of Atlas operations is a philosophy of integrity, honesty and fairness, servicing its clients with efficiency and politeness.
The flagship company of the Atlas group is Atlas Insurance PCC Limited, a general business insurer, operating an extensive intermediary network throughout Malta and Gozo, all electronically linked to the head office in Ta’ Xbiex.
A connection with AXA is maintained through Atlas Healthcare Insurance Agency Limited that operates an Agency of AXA PPP healthcare limited in Malta, as well as a shareholding in the Atlas Group. Atlas Investments Limited, Ark Insurance Brokers Limited and Ark Insurance Management (Malta) Limited are logical extensions of the Group’s field of operations that provide additional financial services support to the Group’s client base.
The group employs nearly 150 staff members, numbering among them a substantial number of Chartered Insurers and Fellows of the Chartered Insurance Institute of London. Many of the staff who operate Atlas’ commercial insurance section are business graduates, with an growing number choosing to qualify both in Business and Insurance. Risk Management and various Financial qualifications are also increasingly popular study choices throughout the group.
The group’s professional staff also offer back office services such as Finance, Compliance, Information Systems, Human Resources, Marketing and Administration to the Group, including Ark Insurance Management (Malta).
Atlas’ gross premium has today surpassed the €20 million mark, increasing several times over from the pre-merger figures of the early to mid 1990s.
The Atlas offices in Ta’ Xbiex represent our pioneering spirit: we were the first to set up operations in the area which has now developed into an insurance and financial services centre.
The Atlas Group is committed to developing our prominent position in the insurance market through the provision of a range of high quality products and services backed by a flexible customer oriented approach. Atlas believes that this is only possible through a commitment to excellence in human resources, backed by the maintenance of integrity and honesty in all its dealings. Atlas is proud of our standing as a major Maltese insurance and financial services provider and is committed to supporting Maltese society and culture.
In 2006 Atlas Insurance restructured to become a protected cell company, a development which takes advantage of new regulations under the Maltese Companies Act. This restructuring will attract foreign investments and facilitate Atlas’ emergence into international markets by enabling captive insurance companies to set up in Malta by setting up insurance cells within Atlas Insurance rather than raising their own capital to the rather onerous European minimum levels. Atlas has always kept a prudent and secure underwriting approach, which is being maintained in the evaluation and the management of new cell proposals.
