Non-life legacy and run-off acquisition and management, programme services and investments specialist, Randall & Quilter Investment Holdings Ltd., has revealed that Mark Langridge is to step down as a Director of the Company, effective 13th December 2019.
The firm explains that Langridge will continue to serve in an executive role advising on claims and reinsurance matters for legacy companies within the Group on a part-time basis, and will continue as Director of a number of the firm’s subsidiaries for the foreseeable future.
In light of his new role, the senior management team of the legacy division will now report directly to Roger Sellek, Joint Group Chief Executive Officer (CEO).
Ken Randall, Chairman, commented: “I am grateful to Mark for his years of valuable contribution to the development of the Group and especially for his leadership of our legacy business.
“He has a deep understanding of the particular challenges involved in managing claims exposures and related reinsurance protections arising from long tail casualty business and I am therefore very pleased that he has agreed to continue working with us on a part time basis going forward.”