Jason Vassallo
Managing Surveyor

Jason began his career in insurance in 1993 with Island Insurance Brokers working mainly on non-marine business but also on marine and personal-lines business. During this time he attended various training courses at the Mediterranean Insurance Training Centre and began his studies with the CII.

In 1994, he joined the underwriting department of Citadel Insurance Agency Limited, then representatives of Assitalia. In 1996, he moved to the claims department of the same company and progressed to Acting Claims Manager responsible for the non-motor claims department in 2003. In 1998 he participated actively in the transition of Citadel Insurance Agency Ltd into Citadel Insurance plc, Malta’s first privately owned composite insurance company. Jason was particularly involved in the application of re-insurance treaties on the claims aspect and was also responsible for administering the storm claims of 15th September 2003

In 2004, Jason joined MSB Valletta Limited where his responsibilities included loss adjusting, recoveries, general surveying and inspections. Jason has also carried out work in Libya.

Jason has been involved in all classes of non-motor claims having had particular exposure in Liability and Engineering business. He has dealt extensively with overseas underwriters and adjusters including Crawfords, Crawfords Hellas, ICAS and also Cunningham Lindsey. His experience includes;

Property
Consequential Loss
Liabilities
Engineering
Accident
Marine

Throughout his experience, he has been involved in various major claims including;

Marine Cargo (Contamination) - Reserve Exceeding Euro 500,000
Property Damage (Fire) - Reserve Exceeding Euro 850,000
Property Damage (Fire) - Reserve Exceeding Euro 250,000
Employers’ Liability (Fatality) - Reserve Exceeding Euro 180,000
Products Liability (Damage) - Reserve Exceeding Euro 58,000
Property Damage (Storm) - Reserve Exceeding Euro 80,000
Contractors’ Plant (Collapse) - Reserve Exceeding Euro 46,000

Jason considers that two aspects of his career development have been of particular influence on him in his adjusting role. Primarily that he was introduced to insurance from the clients’ perspective and secondly that he has been involved on claims across the full spectrum of non-motor classes underwritten in Malta. His training has also been received from professionals who now occupy top-tier position in the Maltese market.

Jason is 34 years old and is married to Mary Ann (nee Camilleri FCII) and they have 2 daughters.