Newly-launched European P&C run-off specialist Marco Capital has added Phil Rooke as Chief Financial Officer (CFO).
Rooke will be based in London and joins from Sompo International, where he served as CFO.
He also spent time as an executive board member at Endurance Worldwide Insurance.
Prior to joining Endurance, Rook was General Manager and CFO of a portfolio of run-off companies.
Between 1997 and 2003, he worked in the Cayman Islands for both PwC and Marsh Management Services.
“Phil brings valuable skills and experience to Marco and is an excellent addition to our team,” said Simon Minshall, CEO of Marco.
“We are delighted he has chosen to join at this time of tremendous growth in the Legacy market.”
Marco Capital, whose majority investor is US alternative investment management firm Oaktree, was launched in August to pursue run-off opportunities located in/emanating from the Continental Europe, the UK and Lloyd’s of London.
