Insurance Post

Plum Underwriting buys R&Q MGA Synergy

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Plum Underwriting has acquired specialist high-net-worth managing general agent Synergy Insurance Service from Randall & Quilter.

R&Q said the consideration for transaction was higher than the carried value of Synergy in the group's latest published accounts.

The Synergy team will join Plum, which is part of Global Risk Partners

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