25 February, 2019
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.
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.”
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.”
Accredited Europe – which is licensed to write all non-life insurance classes in all EU member states and is A- (Excellent) A.M. Best rated – provides a ready-made distribution channel for reinsurers and can provide a ready-made Brexit solution to European MGAs.
Click here for the full press release.