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1 November, 2017
Accredited Surety and Casualty Company, Inc. (“ASC”), a subsidiary of Randall & Quilter (“R&Q”), is pleased to announce its agreement with Forestry Insurance Company of the Southeast (“Forestry”) specializing in commercial general liability for niche logging operators in South Carolina and Georgia. ASC will not retain any portion of the business as it will be fully reinsured. We anticipate up to $5 million annual gross written premium for this business.
Accredited Surety and Casualty Company, Inc. is a Florida domiciled property and casualty insurance company. It is rated “A- Excellent” by A.M. Best.
Ken Randall Chairman and Chief Executive Officer of R&Q, commented:
“We are pleased to announce the launch of this specialist program, soon after the launch of Atlas Western Trade Craft. This program is supported by a collateralised captive with an excellent panel of highly rated excess reinsurers behind.”
A.M. Best has affirmed the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a -“ of Accredited Surety and Casualty Company, Inc. (“ASC”) and Accredited Insurance (Europe) Limited (“AIEL”). ASC and AIEL are wholly owned …
Further to the announcement made on 7 February 2019 by the Company that it has conditionally raised gross proceeds of approximately £100 million through an oversubscribed placing of new ordinary shares (the “Placing”) and it is proposing to raise gross …
R&Q is pleased to announce that it has conditionally raised gross proceeds of approximately £100 million through an oversubscribed placing of new Ordinary Shares to investors and is proposing to raise gross proceeds of up to a further c. £7 million …