Appointment of Executive Director

RNS Number : 2786B
Randall & Quilter Inv Hldgs Ltd
09 January 2018
 

 

 

 

 

 

 9 January 2018

 

Randall & Quilter Investment Holdings Ltd.

 

("R&Q", the "Group" or the "Company")

 

Appointment of Executive Director

 

Randall & Quilter Investment Holdings Ltd., the non-life legacy insurance investor and capacity provider of US European MGA programme business, is pleased to announce the appointment of Mark Andrew Langridge, Chief Executive Officer, Insurance Investments Division, to the board as an Executive Director of the Company.

 

Mark has worked within the London insurance industry since 1980 when he began his career with the Prudential Corporation, qualifying as an accountant in 1987. In 1993 he joined KWELM Management Services which was subsequently acquired by the Group. He has been Chief Executive Officer of the R&Q Insurance Investments Division for approximately 5 years.

 

Ken Randall, Group Chairman, commented:

 

"Mark has held a senior management position within the Group for some years. Prior to joining R&Q he was responsible for managing the legacy of the defunct HS Weavers' underwriting pool which had liabilities of more than $9bn and which presented unique challenges for the P&C industry in London and internationally.  Mark is well known and highly regarded throughout the run-off sector. Within R&Q  he is responsible for all legacy acquisitions and management, including our  Lloyd's run off portfolios. I value his contribution and commitment to the business and look forward to working with him as a member of the Group Board."

Directorships and partnerships held by Mark Langridge, aged 54, in the last five years are shown in the attached appendix.

 

There are no matters required to be disclosed in relation to Schedule 2 paragraph (g) and (i) of the AIM Rules.                                                                                  

 

 

Appendix

 

Mark Andrew Langridge

Directorships

Existing

Previous directorships in the last 5 years



Alma Vakuutus Oy

A.M. Associates Insurance Services Ltd.

R&Q Beta Company Limited

Principle Insurance Company Limited

R&Q CG Limited

Callidus Secretaries Limited

R&Q CalSol Limited

Capstan Insurance Company Limited

R&Q Insurance (Europe) Limited

Chevanstell Limited

CMAL LLC

Chevanstell Management Limited

Excess and Treaty Management Corporation

FNF Title Company Limited

R & Q Cyprus Ltd

JMD Specialist Insurance Services Group Limited

R&Q Alpha Company Limited

JMD Specialist Insurance Services Limited

R&Q KMS Management Limited

KMS Employment Limited

La Licorne Compagnie de Reassurances SA

KMS Insurance Services Limited

Pender Mutual Insurance Company Limited

La Reassurance Intercontinentale

Requiem America Inc.

Requiem America Inc.

Randall & Quilter II Holdings Limited

Randall & Quilter IS Holdings Limited

R&Q Gamma Company Limited

R&Quiem Limited

R&Q Delta Company Limited

R&Q Archive Services Limited

R&Q Liquidity Management Limited

R&Q Broker Services Limited

R&Q Malta Holdings Limited

R&Q (Gibraltar) Limited

R&Q Insurance (Malta) Limited

R&Q Insurance (Guernsey) Limited

R&Q Insurance Management (IOM) Limited

R&Q Insurance Services Limited

R&Q Reinsurance Company (UK) Limited

R & Q Reinsurance Company (Belgium)

R&Q RI Insurance Company Limited

Reinsurance Solutions Limited

RSI Solutions International INC


R&Q Ireland Claims Services Limited


R&Q Ireland Company Limited by Guarantee


Syndicated Services Company, Inc.


 

-Ends-

 

 

 

Randall & Quilter Investment Holdings Ltd.

 

Ken Randall

Tel: 0207 780 5945

 

Numis Securities Limited (Nominated Adviser)

Stuart Skinner

Tel: 020 7260 1000

Charles Farquhar

Tel: 020 7260 1000

 

Shore Capital Stockbrokers Limited

Dru Danford / Stephane Auton

 

Tel: 020 7408 4090

FTI Consulting

Edward Berry/Tom Blackwell

 

 

Tel: 020 3727 1046

 

 

 

 

Notes to Editors:

 

About R&Q 

The overall mission of the Bermuda based Group is to:

·      generate profits and capital extractions from expert management of legacy non-life insurance acquisitions/ reinsurances, including in Lloyd's; and 

 

·      grow commission income from its licensed (and rated) carriers in the US and EU/UK, writing niche and profitable programme business, largely on behalf of highly rated reinsurers.

Our aim is to continue to grow sustainable profit streams to support our business model and increase book value and cash distributions to shareholders. 

The Group was founded by Ken Randall and Alan Quilter in 1991.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

 

 

Website: www.rqih.com

 

 

 


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