London, United Kingdom – Marco Capital Holdings Limited, a leading European property and casualty (P&C) insurance run-off group, has completed the acquisition of Stewart Title Europe Limited. The transaction marks a significant expansion in Marco Capital’s presence in the European insurance market.
Stewart Title Europe Limited specializes in title insurance and related services across several European countries. This acquisition allows Marco Capital to diversify its portfolio and strengthen its capabilities in the run-off business sector.
The deal was finalized in June 2023 following several months of negotiation. Marco Capital aims to leverage Stewart Title Europe’s experienced team and established client base to enhance operational efficiency and deliver improved services.
Marco Capital’s CEO stated that the acquisition aligns with the company’s strategy to build a robust insurance platform across Europe. He emphasized the importance of integrating Stewart Title Europe’s expertise and maintaining strong relationships with existing clients.
Stewart Title Europe’s management expressed optimism about the acquisition, highlighting the potential for growth and innovation under Marco Capital’s ownership. They assured clients that service continuity and support would remain priorities during the transition period.
Financial terms of the deal were not disclosed. Industry analysts view this acquisition as a strategic move that positions Marco Capital for future growth amid evolving market conditions.
This acquisition is expected to create new opportunities for both companies, driving value for stakeholders and reinforcing the competitive landscape in the European insurance run-off market.
Stay tuned for Questiqa Europe News for more latest updates.
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