Group Chairman and Chief Executive Officer
Ken Randall is a Certified Accountant and has worked in the Insurance industry for more than 40 years. During the early 1980s, Ken was Head of Regulation at Lloyd’s which was then a self-regulated institution. From 1985 until 1991 Ken served as Chief Executive of the Merrett Group, which managed a number of prominent Syndicates at Lloyd’s.
In 1991, Ken left Merrett to set up his own business in partnership with Alan Quilter. Over the next 8 years they developed the Group’s principal subsidiary, the Eastgate Group, into the UK’s largest third party provider of insurance services with 1,300 employees and a turnover of over £80m per annum. Eastgate was sold to Capita plc in November 2000.
Following the sale of Eastgate, Ken and Alan refocused R&Q onto the acquisition of non-life legacy run-off portfolios and again developed an insurance servicing business in London and the US; initially, the Group’s service offering focused on legacy portfolios.
In recent years, R&Q has expanded its range of services to include the management of captive insurers and underwriting management. The Group is one of the ten largest “Captive” managers in the world with clients in a number of jurisdictions including Bermuda and the USA.
In 2007 Ken presided over the Group’s admission to AIM, part of the London Stock Exchange. Ken remains a principal shareholder, Chairman and CEO of the Group.