Markel Acquires Caunce O’Hara Freelancer and Contractor Insurance Business
Markel International, London, November, 1, 2019 --- Markel UK, the division of Markel International that provides insurance, tax and legal services for SMEs, has acquired Caunce O’Hara & Company Ltd, following regulatory approval from the FCA.
Markel UK announced its plans to acquire the online business from the commercial insurance brokers on September 12, 2019. As part of the deal, Caunce O’Hara & Company Ltd will keep its brand and its team of 12 will remain in its existing office in Manchester.
Commenting on the closure of the deal, Neil Galjaard, divisional managing director of Markel UK, said: ”We’re delighted to have got this acquisition over the line in such good time, so that we can start working with Chris Caunce and the team on integrating and further growing what is an excellent business.”
For more information:
Susy Chandler, Marketing Manager + 44 (0)20 7953 6000
About Markel International:
Markel International is a division of Markel Corporation, a US-based holding company trading on the New York Stock Exchange (NYSE: MKL). Markel International writes insurance and reinsurance business through six divisions and through offices across the UK, Europe, Canada, Latin America and Asia Pacific. Markel International’s insuring entities include Syndicate 3000, Markel International Insurance Company Limited, Markel Insurance SE., and Markel Resseguradora do Brasil S.A.
Its UK national markets business also provides legal and professional fees insurance cover as well as legal and tax consultancy services.