Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary, Accredited Insurance (Europe) Ltd., has signed a new program underwriting partnership with Stabilis MGA Ltd., a UK managing general agent (MGA) that sells private motor insurance.
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.”
”Having built a strong infrastructure in both Malta and London we are now seeing the fruits of that hard work,” said Ken Randall, R&Q CEO and chairman.
Accredited Europe, which is licensed to write all non-life insurance classes in all EU member states, provides a ready-made distribution channel for reinsurers and can provide a ready-made Brexit solution for European and UK-based MGAs.
Related:
Was this article valuable?
Here are more articles you may enjoy.
As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits 
Amazon Sued Over ‘Punitive’ Handling of Employee Absences 
Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says 
China Accuses US of Orchestrating $13 Billion Bitcoin Hack 
