Marco hires director of claims

Credentials include time spent at Lloyd's Market Association

Marco hires director of claims

Insurance News

By Terry Gangcuangco

Former Lloyd’s Market Association claims head Robert Gregg is making the switch from RiverStone International to Marco Capital Holdings Limited.

Joining the European property & casualty run-off specialist on October 31, Gregg will be serving as claims director – the same post the Munich Re Underwriting alumnus held at RiverStone Managing Agency where he was in charge of the Lloyd’s claims platform comprising more than US$4 billion in reserves.

“We are delighted to announce that Robert will join our team,” said Marco chief executive Simon Minshall. “He is a leader in the field of claims and brings a commercial understanding of the insurance business, rather than just being a pure ‘technician’.

“Robert’s experience of negotiating with and managing service contracts with third parties sits well with Marco’s outsource-oriented strategy.”

Supported by funds managed and/or advised by Oaktree Capital Management, Marco is the name behind Marco Insurance PCC Limited, British Reserve Insurance Company Limited, Lloyd’s Syndicate 1254, Humboldt Re, and Polo Managing Agency.

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