25 Feb 2019 07:00
Randall & Quilter Investment Holdings Ltd.
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Accredited announces new program underwriting partnership with
Stabilis MGA Limited
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25 February 2019
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Randall & Quilter Investment Holdings Ltd. (''R&Q'') is pleased to announce that its wholly-owned European subsidiary Accredited Insurance (Europe) Limited (''Accredited'') has signed a new program underwriting partnership with Stabilis MGA Limited (''Stabilis''), a UK MGA providing private motor insurance.
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Colin Johnson, CEO of European Program Management, said: "We are delighted to confirm this transaction and to add Stabilis to our high-quality MGA European program offering. We also continue to have a strong pipeline which will enable us in 2019 to partner with a number of impressive MGAs across the UK and Europe over multiple insurance classes."
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Ken Randall, R&Q CEO and Chairman added: ''Having built a strong infrastructure in both Malta and London we are now seeing the fruits of that hard work. We are delighted to announce this new partnership with Stabilis."Â
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Accredited Europe - which is licensed to write all non-life insurance classes in all EU member states and is A- (excellent) AM Best rated - provides a ready-made distribution channel for reinsurers and can provide a ready-made Brexit solution to European MGAs.
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Enquiries to:
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 Notes to Editors:
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 About R&Q
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 The overall mission of the Bermuda based Group is to:
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· Generate profits and capital extractions from expert management of legacy non-life insurance acquisitions/reinsurances, including in Lloyd's; and
· Grow commission income from its licensed (and rated) carriers in the US and EU/UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.
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Our aim is to continue to grow sustainable profit streams to support our business model and increase book value and cash distributions to shareholders.
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The Group was founded by Ken Randall and Alan Quilter in 1991.
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Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94
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Website: www.rqih.com
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