Accredited Insurance (Europe), the European subsidiary of Bermuda-based specialist non-life re/insurance investor Randall & Quilter Investment Holdings (R&Q), has signed a new program underwriting partnership with Stabilis MGA limited.
Stablilis is a UK managing general agency (MGA) that provides private motor insurance.
“We are delighted to confirm this transaction and to add Stabilis to our high-quality MGA European program offering,” said Colin Johnson, Chief Executive Officer of European Program Management.
“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.”
This announcement follows a new program underwriting partnership between Accredited and Kitsune Limited, which was revealed last month.
Accredited entered into a series of underwriting partnerships over 2018, in which the company agreed to act as a conduit between its partners and their re/insurance capital providers.
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.”
