Issue No. 304

17 - 23 August 2000

Mizzi and Globe join to 'insure' success

by Anthony Manduca

Mizzi Holdings Limited, the Mizzi Organisation holding company, has recently taken up a significant shareholding interest in Globe Insurance Brokers Limited, an associate company of the Globe Organisation.

Globe Insurance Brokers Limited has been on the scene since 1998 and in this relatively short time has become a major player in the insurance market, offering service to its clients in all fields

of insurance, from property to health and from life to motor and beyond.

Headed by Salvino Mifsud Bonnici Globe Insurance Brokers Limited is committed to protecting the interests of its clients by maintaining an operation that is second to none.

As a result of this combination of interests, the Mizzi Organisation has wound up its insurance agency activities and merged its hefty captive client base into Globe's already large clien-tele.

Commenting on the change in focus, Austin Walker, Mizzi Organisation chief executive officer, said "in the real world, it has become clear that you should concentrate on your strengths.

"Our strength lies in identifying the best partners in all our areas of interest and this is precisely why we have decided to go with Globe in the insurance sector".

  © Standard Publications Limited 1999