Maria Lopez Garayalde and Beatriz Aizpun

Ashurst advises on the sale of a 49% stake in MGA Certa

Global law firm Ashurst has advised the founders of Certa Partners Holdings and its subsidiaries (Certa) on the sale of a 49% stake to Markel Capital Holdings Limited, accelerating the UK-based specialist tax underwriter’s product development and geographic expansion plans.

Certa was formed in 2019 by Edward Beckwith, Thomas Cartwright, Rachel Hine and Adam Singer (the Founders), to establish a dedicated managing general agent for tax underwriting, with Markel being one of its original capacity providers. Certa provides specialist underwriting services focused exclusively on tax and contingent risk insurance, and is based in London, with offices in Germany and Spain.

The Ashurst team included associates Maria Lopez Garayalde and Beatriz Aizpun, based in Madrid.

The 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 broader team included associate Chris Cerny, based in Germany.

Julia Gil