PoloWorks, a member of the Marco Capital Group, has launched a joint venture with PwC UK named PoloPartners.
The venture will provide captive solutions for corporate clients. Lloyd’s will provide an “attractive venue” with its recently introduced captives initiative, the firms say.
PoloPartners will provide tech-enabled end-to-end insurance management services, including actuarial, claims management, risk and compliance, as well as finance.
Richard Lawson, CEO of Polo Commercial Insurance Services (PCIS), says: “PoloPartners epitomises our commitment to innovation and client-centric solutions, leveraging technology and industry expertise.
“The combination of PoloWorks’ regulated platforms, and service resources with PwC’s insurance practice, provides PoloPartners with a customer proposition — adding value to the insurance market."
Alex Bertolotti, head of insurance at PwC UK, adds: “This partnership is an opportunity for us to create value for our clients in a new way and is fully aligned with our strategy to work with insurance businesses to help solve challenges, build trust, unlock value and transform.”
