• Strategy
  • Innovation
  • Expertise

Disposal Announcement

29 February, 2016

Randall & Quilter is pleased to announce the completion of the sale to Plum Underwriting Ltd. of the business of Synergy Insurance Services (UK) Limited (‘Synergy’), a specialist Managing General Agent (MGA) providing a range of bespoke, specialist personal high net worth products for an undisclosed upfront cash consideration. The consideration is higher than the carried value of Synergy in the Group’s latest published accounts.

The sale of Synergy is part of the targeted disposal strategy first referred to at the end of 2014, which will enable the Group to focus on its core strengths.

Following a full evaluation process, the Board has determined that the growth potential of the business is greater for a larger scale underwriting agency such as Plum with its strong existing focus on the UK and ROI home insurance market. This has been reflected in an offer for the business which the Board believes delivers the best value for shareholders.

Click here for the full Press Release

Disposal Announcement

Latest News

Directors’ Shareholding/Total Voting Rights
Directors’ Shareholding/Total Voting Rights

The Company has been notified that on 11 July 2019 Alan Quilter, Joint Chief Executive Officer and Chief Financial Officer of the Company, sold 400,000 of his holding of ordinary shares in the Company. Mr Quilter continues to hold 2,992,088 …

Loss Portfolio Transfer
Loss Portfolio Transfer

Randall & Quilter Investment Holdings Ltd. (‘R&Q’ or ‘the Group’) is pleased to announce that its wholly owned subsidiary, Accredited Surety & Casualty Company Inc (‘ASCC’), has signed a loss portfolio transfer agreement with Northern California Regional Liability Excess Fund …

Acquisition Announcement
Acquisition Announcement

Randall & Quilter Investment Holdings Ltd. (‘R&Q’ or ‘the Group’) is pleased to announce that its wholly owned subsidiary, Randall & Quilter II Holdings Limited, has signed an agreement to acquire, subject to regulatory approval from the Bermuda Monetary Authority …