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Randall & Quilter's US Arm In Underwriting Partnership For Tow Trucks

Fri, 22nd Nov 2019 16:31

(Alliance News) - Randall & Quilter Investment Holdings Ltd said Friday its Florida-based subsidiary has entered a new underwriting partnership with Trinity Transportation Services LLC, which provides insurance policies to tow truck operators across the US.

Accredited Surety & Casualty Co Inc has entered a new program partnership with Raleigh, North Carolina-based TTS and its third-party administrator, Global Claims Services.

Accredited will be an issuing carrier on behalf of TTS, offering commercial liability and property coverage for towing, transport and recovery services. Accredited will initially provide coverage in TTS's top states and ultimately offer the program nationally, Randall & Quilter said.

Randall & Quilter shares ended down 0.5% on Friday in London at 190.00 pence.

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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