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Marco Capital plans acquisition of Pro Global, combining with PoloWorks
The deal is subject to regulatory approval and would form a specialist insurance services group of about 1,400 employees across 15 offices.
Marco Capital is planning to acquire Pro Global, subject to regulatory approval, according to Coverager.
After the transaction closes, Pro Global will be combined with PoloWorks, which Marco Capital acquired in 2022.
The resulting specialist insurance services business would employ approximately 1,400 people across 15 offices spanning the UK, Europe, North America, Latin America, and Australasia.
The combined operation would provide services across the insurance lifecycle, including Lloyd’s turnkey solutions, insurance management, MGA platforms, offshore delivery, and legacy insurance services, while financial terms were not disclosed.