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Michael Smith

Non-Executive Director

Michael Smith is a solicitor, having spent his professional career at City solicitors Titmuss Sainer & Webb (now international law firm Dechert) of which he was senior partner from 1990 to 1998, retiring from legal practice in 2001.

He was a corporate lawyer, having specialised from the mid 1980s in the London and international insurance markets, with a concentration on capital transactions of all types.

He has been a non-executive director of a number of Lloyd’s Agencies, including ACE Underwriting Agencies Limited from 1998 until 2004, when he joined the main board of Brit Insurance Holdings plc, until stepping down in February 2010.

In 2004, he was appointed as an independent non-executive director of R&Q Managing Agency Limited (formerly Cavell Managing Agency Limited).

In May 2010, he resigned as non-executive director of R&Q Managing Agency Limited to take on the role of Chairman of the Underwriting Management Division of the Company. He is also involved as a trustee of a number of UK charities.

Latest News

A.M. Best affirms A- financial strength rating for R&Q companies
A.M. Best affirms A- financial strength rating for R&Q companies

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 …

Posting of Circular
Posting of Circular

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 …

Placing and Open Offer
Placing and Open Offer

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 …