25 April, 2018
R&Q Investment Holdings Ltd (‘R&Q’), is pleased to announce that Accredited Surety & Casualty Company, Inc (‘Accredited’) the Florida-headquartered insurance company that is licensed in all 50 states to write admitted business, has closed another program underwriting partnership in 2018. Accredited is a subsidiary of R&Q.
From 1 May, Accredited will underwrite on behalf of Renaissance Managing General Agency, LLC, a highly regarded Miami, Florida-based MGA that specializes in providing customer-focused, technologically driven private passenger automobile insurance coverage.
Florida-headquartered Accredited will act as the program underwriting manager on behalf of Renaissance and as a conduit between the firm and its insurance capital providers.
Todd Campbell, CEO of Accredited, commented: “We are delighted to be working with Renaissance, a leading Florida writer of non-standard auto coverage.”
“Accredited closed five new program underwriting partnerships in 2017 and Renaissance is our second new one for 2018. With a strong pipeline of new partnerships in first half of 2018, Accredited is excited about delivering on our mission to be the program underwriter of choice for US MGAs and their capital partners”.
Ken Randall, CEO of R&Q, added: “Accredited is at the forefront of R&Q’s new strategic focus on the provision of program underwriting services in the US and Europe. We look forward to partnering with Renaissance and in completing other new partnerships in the second quarter, 2018”.
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