• Strategy
  • Innovation
  • Expertise

R&Q announces completion of two transactions

28 November, 2018

Transaction from California self-insured

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the completion of a transaction to provide full finality to a California based self-insurer by R&Q’s wholly owned subsidiary, Accredited Surety and Casualty Company, Inc. (“Accredited”). This is the second transaction with a self-insurer in the state of California and the fifth across the U.S. over the past 2 years.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained: “We continue to provide solutions to the self-insurer space and this transaction shows our ability to build upon previous success and experiences with various states across the U.S.”

Novation for Cayman based Group Captive

R&Q is also pleased to announce the completion of a novation of the workers’ compensation and commercial auto liabilities of a Cayman based group captive that provided coverage to trucking companies located throughout the U.S. The liabilities were novated into R&Q’s segregated account company in Bermuda. R&Q was able to provide a solution to the captive that provided full finality on its older insurance years. R&Q continues to remain capable and enthusiastic to meet the captive market’s growing demand for exit solutions related to legacy liabilities.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are delighted to complete another novation with a group captive. This transaction shows our continued focus on being the go-to counter-party for exit solutions in the captive market.”

Click here for the full press release

R&Q announces completion of two transactions

Latest News

Result of General Meeting
Result of General Meeting

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the “Company”), the global program management and legacy acquisitions specialist, today held the General Meeting referred to in the notice to shareholders of the Company dated 6 May 2020. The resolutions to allot …

Appointment of Chief Financial Officer
Appointment of Chief Financial Officer

The Board of Directors of Randall & Quilter Investment Holdings Ltd., the non-life global specialty insurance company focusing on the Program Management and Legacy Insurance businesses, today announces the appointment of Thomas (Tom) Solomon as Group Chief Financial Officer (CFO). …

Board Appointment
Board Appointment

Randall & Quilter Investment Holdings Ltd., the non-life legacy insurance investor and capacity provider of US and European MGA program business, is pleased to announce the appointment of Eamonn Flanagan to the Board as an independent non-executive director of the …