• Strategy
  • Innovation
  • Expertise

R&Q completes acquisition of Bermuda captive

21 March, 2017

Randall & Quilter American Holdings Inc.  (“R&Q”) is pleased to announce the signing of the sale and purchase agreement to acquire Linco Limited (Linco or “the Company”); a wholly owned captive insurer of Ameripride Services Inc. and Alsco Inc. The transaction is subject to regulatory approvals, anticipated within 30 days.

The Company is domiciled in Bermuda and provided reinsurance coverage to its shareholders for worker’s compensation, general and automotive liability. Effective January 1, 1985 the company went into runoff.

Ken Randall, Chairman and Chief Executive Officer of R&Q, commented:

“We are delighted to announce the acquisition of Linco, subject to regulatory approvals. This transaction continues to demonstrate our market leading position, providing captive legacy solutions across Bermuda, North America and Europe. This is further proof of our rapidly growing success in the run-off market.”

Click here for the full Press Release

R&Q completes acquisition of Bermuda captive

Latest News

Inperio and Accredited Pioneer Extension of UK solicitors’ PI Market
Inperio and Accredited Pioneer Extension of UK solicitors’ PI Market

The specialist UK Professional Indemnity MGA Inperio (London) Limited (“Inperio”) has worked with the European program underwriter Accredited Insurance (Europe) Limited (‘’AIEL’’), R&Q ‘s A.M. Best A- (Excellent) rated European insurance company, to launch the first professional indemnity policy focused …

Portfolio transfer from SAAB subsidiary to Accredited Insurance Europe
Portfolio transfer from SAAB subsidiary to Accredited Insurance Europe

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce that its wholly owned subsidiary Accredited Insurance (Europe) Limited has completed the transfer of business from Lansen Försäkringsaktiebolag (Lansen), a wholly owned subsidiary of SAAB Aktiebolag (“SAAB”). The transfer …

Acquisition of Montana Captive Insurer
Acquisition of Montana Captive Insurer

R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company, Inc. (“VICI”), from a wholly owned private investment holding company with diverse holdings in a variety of industries, real estate, marketable securities and other investments. …