Investate Finance Ltd, a leading corporate-tied insurance intermediary on behalf of IVALIFE Insurance Ltd, has announced the strategic acquisition of GrowthCap Services Ltd, another corporate-tied insurance intermediary, previously enrolled with the same insurance undertaking.

This significant move further solidifies Investate's commitment to providing exceptional insurance distribution products and services to its growing clientele.

In March 2023, Investate began its journey as a modest team of three dedicated professionals. Today, in November 2024, the company proudly operates with a robust and talented workforce of 60 employees. This exponential growth highlights Investate's exceptional strategic planning, organisational structure, and relentless pursuit of excellence in the insurance distribution sector. Investate focuses on creating awareness about the need to plan for the future.

“Reflecting on our journey from a small team to a full-scale operation, it’s evident that Investate's success story is one of strategic vision and unwavering commitment,” said Jurgen Portelli, Managing Director of Investate. “Our acquisition of GrowthCap marks another significant milestone, aligning with our goal to be a market leader and deliver unmatched services to our clients.”

The company marked a new chapter earlier this year, moving to its cutting-edge headquarters in Fleur De Lys last April. This move was more than just a physical shift; it represented a bold step forward, providing Investate with a centralised hub to foster innovation, collaboration, and superior insurance distribution delivery. The new headquarters have served as the perfect backdrop for the company's rapid expansion and have played a crucial role in accommodating the growing team.

Investate Director Jurgen Portelli and IVALIFE CEO Reuben Zammit

“Our new office in Fleur De Lys has been transformative for us,” commented Mr Portelli. “It has enabled us to seamlessly integrate our expanding teams and has provided the ideal environment for our high standards of service.”

Investate’s business relationship with IVALIFE has been a pillar of its growth and success. IVALIFE has not only provided unparalleled support and guidance throughout Investate’s expansion but also offers top-tier life insurance and insurance-based investment products. IVALIFE’s digital centric offer has empowered Investate to deliver value-driven solutions and remain competitive in a rapidly evolving insurance landscape.

“We owe much of our progress to the support of IVALIFE,” Mr Portelli added.

“Their flexible and cost-transparent products, innovative technology, and collaborative approach have been instrumental in our ability to deliver exceptional service. It’s a partnership built on shared values of quality, reliability, and customer focus,” he continued.       

The acquisition of GrowthCap is expected to significantly enhance Investate's service offerings. GrowthCap has long been a respected player in the industry. By integrating GrowthCap’s experienced team into the Investate family, the company aims to elevate its operational capabilities and enhance even more its quality customer care approach.

The transition will see GrowthCap’s employees absorbed into Investate as a sales team, with their team manager being Brandon Muscat, Former Managing Director of GrowthCap Services Ltd. They all come with valuable industry knowledge and client relationships. This seamless integration will enable Investate to maintain continuity of service while expanding its reach and expertise. Clients can expect a more robust and innovative approach, with a continued emphasis on high-quality solutions.

Team Manager Brandon Muscat

“Welcoming GrowthCap’s talented team members is a proud moment for us,” said Damian Gargano, Executive Director at Investate Finance. “Their experience and skill set complement our existing strengths, allowing us to serve our clients better than ever before. We’re looking forward to leveraging our combined resources to push boundaries and deliver insurance distribution leading solutions.”

With the successful acquisition and a growing team of professionals, Investate is poised to offer an even more refined and enhanced service. The company's ambitious plans include further investments in technology and customer service. The ultimate aim is to set new quality customer care standards in the insurance industry.

Investate's leadership is committed to fostering an environment where both clients and employees thrive. This forward-thinking approach not only ensures the company’s continued success but also solidifies its reputation as a key player in the insurance distribution sector.

The acquisition of GrowthCap is not just a milestone but a pivotal step forward for Investate. By integrating a skilled team of professionals, and thanks to IVALIFE’s exceptional products and ongoing support, Investate is set to redefine what clients can expect from life insurance and investment product distribution. The company remains dedicated to innovation, client satisfaction, and building on a foundation of excellence that has fuelled its growth from a small team to an industry powerhouse.

As Investate Finance Ltd looks ahead, it’s not just about expansion but about setting a new benchmark in the insurance intermediary sector. Clients can anticipate a service that’s more comprehensive, responsive, and forward-thinking than ever before, driven by a unified vision and a commitment to long-term success.

Investate Finance Limited (C 103403) is authorised under the Insurance Distribution Act, Cap 487, to act as an enrolled Tied Insurance Intermediary for IVALIFE Insurance Limited (C 94404) to carry out long term business in Malta. IVALIFE Insurance Limited is authorised under the Insurance Business Act, Cap 403. Both entities are regulated by the Malta Financial Services Authority.