Lisa trained in Ireland where she qualified as a Chartered Certified Accountant in 2005, having previously studied Business Studies & Accounting at the Institute of Technology in Tralee. Lisa joined STM in 2005 in the Consumer Finance division as Financial Controller. In 2009 Lisa moved to the Insurance Management division where she manages various insurance companies.
Insurance companies in Gibraltar are regulated by the FSC and have to comply with all EU law but can take advantage of the 3rd Life and Non-Life Directives. An insurance company registered in Gibraltar can underwrite risks in other Member States within the EU on a ‘provision of services’ or ‘establishment’ basis under a single licence issued by the Home State regulator – the FSC. This facility to insure risks in other Member States is often called “passporting”. As such, Gibraltar is extremely well placed to benefit from the single market in insurance.