GasanMamo Insurance

What GasanMamo Insurance does

GasanMamo Insurance Ltd is a privately held Maltese general insurer founded in 1999 and headquartered in Gżira, Malta, self-positioned as Malta's leading insurance company. It underwrites a broad portfolio across personal and commercial lines, including Motor, Home, Travel, Health, Boat, Landlord, Multi Dwelling, Business, Group Health, Cyber, and Home Loan Protect policies. Distribution is multi-channel: a self-service online portal (click.gasanmamo.com), a physical branch network across Malta, and tied insurance intermediaries. The Motor line is supported by the Boosh telematics device, which captures driving behavior, distance, speed violations, and collision events for risk-based underwriting. The product portfolio and digital infrastructure suggest a full-stack insurer operating its own policy management and customer-facing systems.

The company is regulated by the Malta Financial Services Authority (MFSA) under the Insurance Business Act and holds European Passport Rights enabling underwriting in nine EU markets (Malta, Austria, Belgium, Cyprus, France, Greece, Italy, Poland, Portugal). Revenue is generated through annual insurance premiums across both personal and commercial policies, with pricing quoted per risk profile rather than published. Customer segments span individual consumers (primary), businesses requiring commercial and cyber coverage, and landlords/property owners. Brand positioning leans heavily on local community engagement through CSR partnerships and sponsorships (Fondazzjoni Sebħ, Puttinu Cares Foundation, United by Wheels, Sports4Kate), reinforcing its identity as Malta's domestic insurer of choice rather than a cross-border digital challenger.

Name

GasanMamo Insurance

Legal name

GasanMamo Insurance Ltd

Website

https://gasanmamo.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

101–250 employees

Short description

GasanMamo Insurance is Malta's leading privately held general insurer, offering motor, home, travel, health, boat, landlord, business, cyber, and group health policies to individual consumers and businesses across Malta and EU passport markets.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Health and Medical Insurance Carriers (524114)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321), Insurance Carriers, Nec (6399)

akta.pro primary industry

General Liability Insurance (FSAJAMAE)

akta.pro secondary industries

Travel & Accident (Non-Life) Insurance (FSAJAMAN), Fleet & Commercial Auto Liability (FSAJABAA), International/Expatriate Individual Health Insurance (FSAIAEAH)

Keywords

• Personal insurance lines
• Commercial insurance products
• Motor vehicle coverage
• Health insurance plans
• Cyber liability insurance

Headquarters

HQ city

Sliema

HQ country

Malta

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Premiums: Collection of insurance premiums from personal and commercial policies including motor, home, travel, health, boat, landlord, business, and cyber insurance products. Premiums are collected through online payments, direct debit, and payment cards.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

GasanMamo Insurance underwrites and distributes personal and commercial insurance policies in Malta, including motor, home, travel, health, boat, landlord, multi-dwelling, business, group health, and cyber insurance. Policies are sold and serviced through the clickGMI online portal, a branch network across Malta, and tied insurance intermediaries, with EU passporting enabling cross-border operations in multiple European countries.

Product overview

GasanMamo Insurance is Malta's leading insurance company offering a comprehensive portfolio of personal and commercial insurance products. The core personal lines include Motor Insurance (covering private cars, motorcycles, commercial vehicles, collectors' vehicles, and self-drive), Home Insurance with emergency support, Travel Insurance (single trip and annual), Health Insurance (with plans like Vital Plan, Key Plan, International Plan, and residency-specific options), Boat Insurance (small craft, yachts, motor boats), Landlord Insurance, and Multi Dwelling Insurance. Commercial offerings include Business Insurance (Business Protect and Business Protect Plus), Cyber Insurance with incident response, and Group Health Insurance for employers. Additional products include Home Loan Protect for mortgage protection. The company distributes through its online portal, branches, and tied insurance intermediaries across Malta and EU passport countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Insurance

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered minor.

• Fondazzjoni SebħminorOthers · 5 March 2026Community partnership with Fondazzjoni Sebħ, demonstrating GasanMamo's commitment to sustained community engagement and corporate social responsibility initiatives in Malta.
• United by Wheels and Sports4KateminorOthersSponsorship and support for United by Wheels and Sports4Kate organizations, reflecting community-focused approach to corporate social responsibility.
• Puttinu Cares FoundationminorOthersDonation of €22,500 to Puttinu Cares Foundation to support furnishing of a room within the Foundation's new accommodation in London for Maltese patients receiving treatment.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Generali Malta: Generali operates in Malta leveraging its Italian parent and EU passport rights, offering personal and commercial insurance. Comparable as a broad incumbent with deeper EU footprint and similar multi-line P&C portfolio.
• Zurich Insurance Malta: Zurich Insurance operates in Malta through its European branch network, providing personal and commercial P&C cover. A broad incumbent peer with greater capital strength and product depth, competing for similar Maltese commercial and personal customers.
• Allianz Malta: Allianz operates in Malta as part of its global P&C and life franchise, offering motor, home, and commercial cover through local agents. Comparable as a broad incumbent with overlapping products but vastly greater scale, capital, and product breadth than GasanMamo.
• HSBC Insurance Malta: HSBC Life and general insurance offerings in Malta complement its dominant retail banking franchise, creating a bancassurance distribution advantage. Comparable to GasanMamo in personal lines distribution while having far larger balance-sheet and brand reach.
• AXA Malta: AXA operates in Malta offering motor, home, and health insurance products through a local branch network. Comparable as a broad incumbent with global scale competing for the same Maltese customers across overlapping P&C and health lines.

Others

• Munich Re: Munich Re is a global reinsurer that often provides capacity to mid-sized primary insurers like GasanMamo. Comparable as an ecosystem participant whose reinsurance terms and pricing directly affect GasanMamo's underwriting capacity, catastrophe exposure, and product economics.

Direct peers

• Mapfre Middlesea: Mapfre Middlesea is another leading Maltese multi-line insurer offering motor, home, travel, health and commercial cover. Directly comparable to GasanMamo as a Malta-headquartered general insurer competing for the same domestic customer base across similar product lines.
• Atlas Insurance Malta: Atlas Insurance is one of Malta's established local insurers providing motor, home, marine, and commercial coverage. A direct competitor to GasanMamo within Malta, particularly in motor and property lines, sharing the same domestic regulatory environment.
• Elmo Insurance Malta: Elmo Insurance is another Malta-domiciled general insurer offering motor, home, and commercial coverage. Directly competes with GasanMamo for personal and SME insurance customers in the Maltese market.
• Citadel Insurance Malta: Citadel Insurance is a Malta-based multi-line insurer offering personal and commercial cover. A direct peer operating in the same domestic market as GasanMamo with overlapping product lines and competing for the same Maltese customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/gasanmamo
• YouTubeyoutube.com/user/GasanMamo
• Facebookfacebook.com/gasanmamo
• LinkedInlinkedin.com/company/gasanmamo-insurance-ltd-
• Instagraminstagram.com/gasanmamo_insurance/?hl=en

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GasanMamo Insurance