Marco Capital, a European P&C legacy solutions and insurance services group, has announced important changes to leadership in its businesses PCIS (Polo Commercial Insurance Services) and PMA (Polo Managing Agency).
Paul Andrews joins Polo Works as Group CEO and PMA CEO, succeeding Simon Sykes. Richard Lawson joins as CEO of PCIS.
Polo was acquired by Macro Capital from Capita in 2022, since then it has rebranded and benefited from financial and commercial support from Marco with early results already apparent in the form of new clients, the firm adds, such as Wakam (Polo Managing Agency client for new SIAB), and stronger business performance.
Andrews brings with him extensive knowledge and experience of both the Lloyd’s and non-Lloyd’s market with a focus on both underwriting and operational management.
Most recently, he ran consultancy Beachwood which acted for several London market re/insurers on a range of projects spanning underwriting reviews of programs, an MGA launch, coverholder audits and system design and implementation, etc.
His skill set is highly relevant to Polo Works, the firm noted, as it undergoes transformational investment, supported by parent Marco Capital, in technology and professional skills.
Prior employers include Barbican Insurance Group, where Andrews was Operations Director of the Managing Agency and COO of Castel Underwriting Agencies, and QBE where he was Senior Manager of QBE European Operations.
Lawson will join the firm in February. He brings over three decades of senior level insurance experience gained at Pro Global, most recently as Global Head of Claims, with prior roles including CEO UK & Germany and Head of Consulting.
His experience encompasses Accounting, Claims, Reinsurance, Strategic Change Management, Business Development, Consultancy, Operations and customer engagement.
Lawson also has a track record of creating and re-engineering significant operational functions whilst ensuring risk, regulatory and governance procedures, processes and requirements remain aligned.
Marco Capital CEO Simon Minshall commented: “Positive changes at Polo Works since acquisition by Marco are coming through, here in the form of senior management appointments and also across all areas and aspects of the business. We are delighted that Paul and Richard have chosen to join Polo at this exciting time and thank Simon Sykes for his diligent and hard work in recent years and wish him success in his new venture”.
