Marco Capital has appointed Rob Gibbs (pictured) as chief executive of PoloWorks Holdings, effective November 24, to lead the business through its combination with Pro Global.
Marco agreed to acquire Pro Global in August, subject to regulatory approval, and plans to merge it with PoloWorks, its insurance services group. Marco said the deal doubles PoloWorks’ services revenue, triples its team and gives it an international footprint.
Gibbs’s priorities will be building on the strengths of both businesses, supporting staff through the integration and developing a combined service offering for clients.
Gibbs has held senior roles mainly at SiriusPoint and RSA, leading UK and international commercial non-life businesses. Most recently, at SiriusPoint’s Lloyd’s Syndicate 1945, he worked on MGA partnerships and delegated authority oversight.
“Rob has led international insurance businesses of the scale we are becoming, and his operational experience makes him a great fit for PoloWorks,” said Simon Minshall, chief executive of Marco Capital.
Gibbs said he was confident the team could build one business out of two market-leading brands, and that his first priority would be getting to know staff and turning integration plans into practical progress.
PoloWorks, formerly Capita Managing Agency, was acquired by Marco in 2022 and includes Polo Managing Agency, Polo Insurance Managers, Polo Commercial Insurance Services and Polo MGA. Pro Global was founded in 1993 as a run-off services provider and works across claims, underwriting, audit and delegated authority. The two businesses share common origins.
Marco has said the combined business will be one of the largest specialist insurance services providers across Lloyd’s, the London market and international markets. Marco’s leadership has described PoloWorks as stronger in Lloyd’s, actuarial and underwriting management, and Pro Global as stronger in the company market and in claims.
The appointment comes as demand for turnkey and managing agency services grows. Polo Managing Agency has brought six syndicates to Lloyd’s since 2025. It was named managing agent for Allianz Commercial’s new direct underwriting Syndicate 1893 this month, and supports Atradius Syndicate 1864 and OAK Enterprise Syndicate 1440.
For MGAs, syndicates and insurers that use PoloWorks or Pro Global, the integration is the key issue. Clients will want continuity of service and clarity on how the two businesses’ offerings, teams and brands come together.
Gibbs’s background in delegated authority oversight is relevant. With new syndicates and MGAs launching at pace, independent oversight and claims capability are in demand, and a combined business with greater scale could strengthen its position in that market.
