R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company.
Terms of the deal were not disclosed.
VICI underwrote deductible reimbursement policies to cover the obligations under insurance policies taken out by affiliated entities.
R&Q intends to merge VICI into R&Q’s Vermont captive consolidator insurer, ICDC Ltd., in early 2020, subject to regulatory approval.
Was this article valuable?
Here are more articles you may enjoy.