R&Q
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The business sees significant growth opportunities in its newly launched E&S program management segment.
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The legacy and program manager says its investment portfolio has bounced back from first-half losses. -
Enstar, R&Q and Riverstone remain as the Willis-run process heads towards its conclusion.
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The agreement includes a transfer of the underlying insurance business.
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The appointment comes as R&Q continues to expand its program management segment.
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The transaction covers casualty reserves for the 2009 to 2017 years of account.
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Massachusetts-based Surround will provide a variety of coverages in one combined policy with a flat price.
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R&Q M&A chief Corver forecasts further transactions in coming days as demand for legacy solutions rises.
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The deal for Inceptum, Vibe’s UK and European legacy unit, follows the closure of Syndicate 5678.
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The fronting business added 10 programs in the first half.
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The Accredited program partner has plans to expand into new lines of business.
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The executive chairman will hand over the leadership of the company to William Spiegel.
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