Marco announces Zsolt Szalkai joins as Head of M&A

Marco Capital Holdings Limited (“Marco”) – European P&C Run-off specialist – are pleased to announce that Zsolt Szalkai will be joining as Managing Director – Head of M&A – and will be a member of the executive management team of Marco.

Szalkai has an impressive track record of successfully executing run-off reinsurance transactions and acquisitions throughout Europe, including legal transfers and reinsurance of direct and reinsurance portfolios, along with the acquisition of entire companies. His deep expertise and broad experience ranges from leading pricing, structuring and negotiating run-off transactions, to managing the operational excellence and integration of such transactions. Overall, Szalkai has worked on over 30 closed Legacy transactions.

Simon Minshall, CEO of Marco, said: “Zsolt is recognised as a pioneer in the modern European P&C run-off industry. His experience, capabilities, professionalism and network will be a substantial asset to Marco. We look forward to him joining in due course. With tremendous growth in the P&C Legacy market, Zsolt will bring a welcome addition to Marco’s senior team at an important stage in Marco’s development”.

Zsolt will join from Premia where he acted most recently as President of its European operations and was crucial for establishing its operations in Europe including its Lloyd’s presence. He will join Marco upon completion of his contractual obligations there. In the previous 8 years at DARAG he served as Chief Liability Officer, a member of the Executive Committee and ultimately Chief Executive Officer of DARAG Germany.

Before joining DARAG, Zsolt worked for 5 years in KPMG’s insurance solutions team in Germany where he specialised in advising on German and international M&A and restructuring projects.