R&Q sells Lloyd's managing agency to Coverys
Randall & Quilter has sold its Lloyd's managing agency, R&Q Managing Agency, to Coverys, a US-based medical professional liability insurer for $22.6m.
The deal does not include the sale of R&Q Syndicate 1991. Coverys and R&Q will cooperate in certain areas, with RQMA continuing to manage R&Q’s 100% aligned reinsurance-to-close Syndicate 3330 in
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