London-Based Broker Costero Holdings Acquires Mar Risk Services March 4, 2021
Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1, 2021.
Headquartered in London, MarRS offers insurance advice and access to leading insurance providers both in Lloyd’s and international markets. The company provides niche and bespoke services including risk management, placement and a 24/7 claims service.
Clive Freeman, MarRS CEO, and his team have all joined Costero’s operation, expanding the broker’s expertise in the fields of insurance, reinsurance and claims handling. Freeman will continue with Costero as non-executive director while Stuart Freeman and Seema Pandey will continue to head their respective divisions of energy and marine. James Wright will be head of claims, and Meg Williamson will coordinate with the Costero accounts division, focusing on the energy
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