September 13, 2022
Ian Zammit joins the Servca Board as an experienced Executive Director, brought in to head up the company’s newly opened European office in Malta. Having worked in risk management and insurance for over 30 years, Ian brings a wealth of experience and industry contacts from the Mediterranean to help Servca Europe grow its network among regional broking partners.
Chris Mayes joins the Board as a Non-Executive Director and strategic advisor. Chris is an experienced executive within the London market having successfully built up a number of insurance businesses ranging from Lloyd’s Brokers, to specialty MGAs, to successful and profitable exits.
Noel Vella joins Servca as Group Chief Financial Officer, responsible for driving the investment group and optimising Servca’s global operations for potential acquisitions of brokerages and teams that complement its casualty specialty focus internationally. Noel is a Chartered Accountant, having held senior positions at leading accountancy and audit firms, private equity and venture capital funds. Noel operates out of the Group’s global office in London and reports to CEO, Noah Jamal.
Nomaan (Noah) Jamal, Chief Executive Officer of Servca Group, said:
“I’m delighted to be announcing a hat trick of senior appointments and am proud that Servca is attracting talented executives of Noel, Chris and Ian’s calibre to the team.
These three senior appointments could not demonstrate better our growing strength and ambition to be a world-class specialty broker. As we continue to scale the business globally, it is vital that we have the experience and knowledge to make controlled and strategic decisions as we enter a period of economic uncertainty globally.
We’re excited to welcome them to the Servca family where they will all feature heavily in our international plans as we look ahead to 2023, and look forward to working with them to achieve our growth ambitions as an established independent, specialty broker.”
Ian Zammit, Executive Director and Head of Servca’s European office, commented:
“The Mediterranean offers significant opportunity post-Brexit for specialty brokers to complement local regional brokers seeking a placement strategy for non-standard casualty risks. As a European hub to thousands of service sector businesses and regional brokers, this fits well with Servca’s strategic growth. Malta’s reputation and removal of the greylisting earlier this year has added a further boost to the region, thus strengthening Servca’s market positioning.
I am excited to begin this new role, and to harness Malta as a key base to spread our wings throughout Europe, bringing our specialist knowledge across many classes of casualty insurance covering a wide selection of services and industries.”
Chris Mayes, Non-Executive Director, said:
“I have known Noah, Edwin Rajadurai and the Servca team for many years and watched their year-on-year growth through sheer hard work and determination in getting the best results for their clients, which can be especially challenging in an often crowded and ultra-competitive market. They have carved out a niche, which attracts underwriting support and is scalable globally which I am delighted to be part of and look forward to working with the team.”
Noel Vella, Group CFO, commented:
“Having worked with various companies in the past, I found the energy and ambition at Servca somewhat unique. Through excellent leadership and strategy calls, Servca has navigated the market challenges to continue to excel its international growth plans and opening of the European office. I am delighted and excited to be part of the company’s next phase of growth.”