MJM Holdings acquires 60% of Smartt Re

MJM Holdings (a Posella Limited portfolio company), has acquired a 60% stake in Smartt Re - a leading Polish reinsurance broker. The strategic partnership aims to attract top industry talent and drive growth in the reinsurance and brokerage sectors.

Tomasz Libront remains CEO of Smartt Re, with Piotr Ceranowicz on the board and Katarzyna Rymarz, CFO of MJM Holdings, joining as a new board member. Michal Chmielewski transitions to the supervisory board, focusing on collaboration and the EduMind Foundation.

Both companies emphasize a shared philosophy centered on people and expertise. “Our partnership with MJM Holdings enhances financial resources and the ability to expand our team and specialization,” said Tomasz Libront. With a combined workforce of 150 and growing, the group is advancing innovative reinsurance solutions globally.

MJM Holdings, the fifth-largest brokerage group in Poland, reported 2020 revenues of 63 million PLN and managed premiums of 650 million PLN. The partnership strengthens its international reach while maintaining a competitive edge through local expertise.