11 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 April 2018, Accredited became the issuing carrier on behalf of American Team Managers (‘ATM’), an independently owned insurance MGA and wholesaler that specialises in providing cargo insurance for the US inland transportation industry.
Accredited will act as the insurer on behalf of ATM, on a fully reinsured basis, and as a conduit between the firm and its insurance capital providers providing its infrastructure and licenced paper to enable ATM to focus on servicing its customers. The cargo insurance program provides coverage in 12 western states with limits of up to $250,000.
Todd Campbell, the President and CEO of Accredited, commented: “We are delighted to be working with ATM, a leading MGA in the inland transportation sector and with a well-deserved reputation for excellence and superior service”.
“Accredited completed five new program underwriting partnerships in 2017. With a strong pipeline of new partnerships in first half of 2018, Accredited is excited about delivering on our mission to be the program insurer of choice for US MGAs and their capital partners”.
Ken Randall, the CEO of R&Q, added: “Accredited is delivering on our mission to be a leading provider of program underwriting services to MGAs/MGUs. We look forward to partnering with ATM and in completing other new partnerships in the second quarter, 2018”.
Click here for the full Press Release
Last night Laurens Jan Anjema beat defending champion David Palmer to win the Randall & Quilter Legends of Squash tournament. Palmer (Australia) won the opening game, but Anjema (Holland) fought back to take the next three games and clinch the title in an entertaining …
Further to its announcement on 2 October 2018, Randall & Quilter Investment Holdings Ltd. (‘R&Q’) is pleased to announce that it has received regulatory approval from the Central Bank of Ireland to complete the acquisition of the entire issued share …
Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the “Company”), the global program underwriting management and legacy acquisitions specialist, is pleased to announce that application has been made to the Irish Stock Exchange plc, trading as Euronext Dublin (“Euronext Dublin”) for …