Marco completes Part VII transfer of Inceptum Insurance liabilities

We are pleased to announce that Marco Capital has received approval from the High Court to transfer the risks in Inceptum Insurance Company Limited, under Part VII of the Financial Services and Markets Act 2000.

Marco Capital CEO, Simon Minshall said: “The Part VII transfer of liabilities from Inceptum to Marco Capital’s UK Legacy platform, British Reserve Insurance Company Ltd, marks an important milestone in the development of our European business. The transaction enhances operational and capital efficiency and provides policyholders with the security of a well-capitalised, long-term specialist platform. It reflects Marco’s continued focus on delivering high-quality legacy solutions to its clients.”