• Strategy
  • Innovation
  • Expertise

R&Q supports BIBA on newly launched flooding scheme

9 December, 2016

R&Q Commercial Risk Services, part of R&Q MGA, is delighted to be supporting the British Insurance Brokers’ Association (BIBA) on its newly launched commercial insurance scheme for businesses. The scheme offers cover for commercial premises and let properties located in areas at risk from flooding.

The scheme, which draws upon expertise from across the market, creates an innovative product exclusively for BIBA members that both helps them meet the usual commercial insurance needs of their SME clients and provide flood cover for the many businesses whose risks are ineligible for Flood Re.

R&Q CRS is acting as the scheme provider, with capacity provided by Lloyd’s.

James Wheddon, Head of R&Q Commercial Risk Services, commented: “This was a fantastic opportunity for R&Q to be involved, from the outset, in a scheme that will be of particular use to independent insurance brokers who are embedded in their communities and have detailed knowledge of the risks they are placing.

“We have put together a range of products that use innovative solutions and flexible underwriting to approach every risk fairly. The launch of this scheme is excellent news for brokers and their customers, further complementing the other benefits that the R&Q CRS products offer, including the recently announced embedded cyber cover.

“Supporting BIBA on this important scheme by creating a product that matches the needs of SMEs and their brokers, who were previously struggling to find adequate flood cover, is a further demonstration of R&Q’s innovative approach and our ambition to be the MGA of choice for the UK’s independent brokers.”

Click here for the full Press Release

R&Q supports BIBA on newly launched flooding scheme

Latest News

Listing of Senior Unsecured Floating Rate Notes
Listing of Senior Unsecured Floating Rate Notes

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the “Company”), the global program underwriting management and legacy acquisitions specialist, is pleased to announce that application has been made to the Irish Stock Exchange plc, trading as Euronext Dublin (“Euronext Dublin”) for …

Accredited announces new program underwriting partnership
Accredited announces new program underwriting partnership

Randall & Quilter Investment Holdings Ltd. (‘R&Q’) is pleased to announce that its wholly owned subsidiary Accredited Surety and Casualty Company, Inc. (‘Accredited’), the Florida domiciled insurance company that is licensed in all 50 States to write admitted business, has …

Accredited’s growth momentum underpinned by A.M. Best Group rating increase
Accredited’s growth momentum underpinned by A.M. Best Group rating increase

Accredited Surety & Casualty Company, Inc. (‘Accredited’), the Florida-headquartered US insurance company that is licenced to write admitted P&C business in all fifty states, has had its A.M. Best Group rating increased from VII to VIII. The group rating increase …