PwC and Marco unveil new insurance services JV PoloPartnersPoloWorks, part of Marco Capital Group, has launched PoloPartners, a joint venture with PwC UK designed to combine capabilities and expertise within the insurance services market.
Marco Re assigned A- financial strength rating by AM BestMarco Capital’s newly launched Marco Re unit has been assigned a financial strength rating of A- by AM Best, a move the P&C legacy and outsourced services group’s CEO Simon Minshall described as a “differentiator” between the firm and its run-off acquisition rivals.
PoloWorks launches Guernsey-based captive managerMarco-owned PoloWorks has received in-principle approval from the Guernsey Financial Services Commission to launch Polo Insurance Managers, a new unit serving captive, commercial and ILS clients.
Marco Re born from ashes of Credit Suisse’s ILS exitFast-expanding legacy and services provider Marco Capital Holdings has unveiled Marco Re as the new brand for its recently merged Guernsey subsidiaries Humboldt Re and Kelvin Re.
New Marco Capital partnership to help legacy market for motor bodily injuryMarco Capital, the P&C legacy solutions provider, has joined forces with Manchester-headquartered law firm Weightmans LLP to provide an augmented intelligence tool for the legacy motor market.
Marco Capital acquires ex-Credit Suisse ILS vehicle Kelvin ReEuropean P&C insurance run-off group Marco Capital has announced the acquisition of Guernsey-based Kelvin Re, the former Credit Suisse ILS vehicle.
Marco completes acquisition of Navigators International Insurance CompanyOaktree Capital-backed European legacy specialist Marco Capital Holdings has completed its acquisition of Navigators International Insurance Company from The Hartford, The Insurer can reveal.
Marco undertakes £200mn UK motor LPT with MarkelEuropean legacy specialist Marco Capital has entered a loss portfolio transfer transaction with Markel for a portfolio of UK motor insurance business.
Marco acquires Navigators International Insurance CompanyOaktree Capital-backed European legacy specialist Marco Capital Holdings has acquired Navigators International Insurance Company (NIIC) from The Hartford.
Marco completes Part VII transfer of Allianz’s Gibbon PoolLegacy specialist Marco has received approval from the High Court to transfer the remaining risks in Allianz Suisse’s UK subsidiary known as the Gibbon Pool.
Marco restructures Polo leadership as Sykes departsPolo Works has strengthened its management team with the appointment of Paul Andrews as Group CEO of the business and subject to regulatory approval Polo Managing Agency (PMA) with Richard Lawson joining the Marco-owned firm as CEO of Polo Commercial Insurance Services (PCIS).