Ashurst advises Certa on strategic investment from Markel
25 October 2023
Global law firm Ashurst has advised the founders of Certa Partners Holdings Ltd and its subsidiaries (Certa) on the sale of a 49% stake to Markel Capital Holdings Limited, accelerating the UK-based tax specialist insurer's product development and geographical expansion plans.
Certa was formed in 2019 by Edward Beckwith, Thomas Cartwright, Rachel Hine and Adam Singer (the Founders), to establish a dedicated tax underwriting managing general agent, with Markel one of its original capacity providers. Certa provides specialist underwriting services focused exclusively on tax and contingent risk insurance, and is headquartered in London, with offices in Germany and Spain.
The Ashurst team was led by partners Markjan van Schaardenburgh and David Carter, assisted by associates Jasmin O'Reilly, Jack Mason-Jebb, Victoria Padley and Rebekah Oakes. Partner Patricia Allen and associate Luis De Freitas advised on tax matters. The wider team included Germany-based associate Chris Cerny and Madrid-based associates María López Garayalde and Beatriz Aizpun.
