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PoloWorks, a member of the Marco Capital Group, has launched PoloPartners - a joint venture combining PoloWorks and PwC UK, two professional services firms in the insurance industry.
PoloPartners aims to provide tech-enabled end-to-end insurance management services, covering services such as actuarial, claims management, risk and compliance, and finance.
Richard Lawson, CEO of Polo Commercial Insurance Services (PCIS), said, "PoloPartners epitomises our commitment to innovation and client-centric solutions, leveraging cutting-edge technology and industry expertise. The seamless combination of PoloWorks’ Regulated platforms and service resources with PwC’s insurance practice, which brings scale, market insight and a reputation for quality and technological innovation to the partnership, provides PoloPartners with an unparalleled customer proposition - adding value to the insurance market."
Alex Bertolotti, head of insurance at PwC UK, commented “This partnership is an exciting opportunity for us to create value for our clients in a new way and is fully aligned with our strategy to work with insurance businesses to help solve challenges, build trust, unlock value and transform. We are particularly excited to be working with PoloWorks on this journey, who are a respected and growing player with a strong track record.”
Marco Capital Holdings Limited merged Guernsey based, former Credit Suisse ILS reinsurers Kelvin Re and Humboldt Re under the new brand Marco Re, following approval from the Guernsey Financial Services Commission in December of last year. In the Captive market, Polo Insurance Managers (PIM) recently received ‘in principle’ approval by the Guernsey Financial Services Commission as well.
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