LONDON: R&Q Insurance Holdings Ltd (AIM: RQIH) announced an agreement to sell Inceptum Insurance Company Limited, a legacy general insurance company located in the UK and regulated by the PRA and FCA, to Marco Capital Holdings Limited, a Malta based legacy acquisition group. R&Q will receive £11.25m for the sale of the shares in Inceptum,…
Tag: Marco Capital Holdings
Capita Plc sells speciality insurance businesses to Macro Capital
LONDON, UK: Capita plc has agreed to sell its speciality insurance businesses to Marco Capital Holdings (UK) Limited for an undisclosed sum. The sale comprises two businesses: Capita Commercial Insurance Services Limited (CCIS); and Capita Managing Agency Limited (CMA). CCIS provides outsourced business processes for the insurance industry across areas including underwriting support, claims and…