• Strategy
  • Innovation
  • Expertise

R&Q completes novation from a Vermont based group captive company

16 December, 2015

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the novation of liabilities from Automobile Dealers Insurance Company, Inc. (“ADIC”), a Vermont based group captive, to the R&Q owned segregated account company R&Q Quest (SAC) Limited.

ADIC provides automotive, garage liability and workers’ compensation coverages for its members.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are delighted to complete this novation, which represents our first transaction in Vermont, one of the world’s premier captive domiciles. This deal reinforces our market leading position in providing captive exit solutions and positions us well to explore further opportunities in the extensive Vermont market. “.

Click here for the full Press Release

R&Q completes novation from a Vermont based group captive company

Latest News

R&Q completes £107mn fundraise
R&Q completes £107mn fundraise

London-listed Randall & Quilter Investment Holdings Ltd. (“R&Q”) has successfully raised £107mn ($140.4mn) in a major equity fund raise to support its expansion in the legacy and program underwriting markets. R&Q raised the funds – which equate to around 40 …

PDMR Share Dealings
PDMR Share Dealings

On 5 March 2019 Michael Smith (through his self-invested personal pension), a non-executive director of the Company, acquired 15,000 shares in the Company at the rate of GBP 153p per share, through his participation in the Company’s Placing and Open …

Result of General Meeting and Open Offer
Result of General Meeting and Open Offer

The Board of Randall & Quilter Investment Holdings Ltd. (the “Company”), the Bermuda based global program underwriting management and legacy acquisitions specialist, today held the General Meeting referred to in the notice to shareholders of the Company dated 8 February …