Randall & Quilter Inv Hldgs Ltd Appointment of Executive Director (2786B)
January 09 2018 - 2:00AM
UK Regulatory
TIDMRQIH
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) Chevanstell Limited
Limited
============================= =================================
CMAL LLC Chevanstell Management
Limited
============================= =================================
Excess and Treaty Management FNF Title Company Limited
Corporation
============================= =================================
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 KMS Insurance Services
de Reassurances SA Limited
============================= =================================
Pender Mutual Insurance La Reassurance Intercontinentale
Company Limited
============================= =================================
Requiem America Inc. Requiem America Inc.
============================= =================================
Randall & Quilter II Randall & Quilter IS Holdings
Holdings Limited Limited
============================= =================================
R&Q Gamma Company Limited R&Quiem Limited
============================= =================================
R&Q Delta Company Limited R&Q Archive Services Limited
============================= =================================
R&Q Liquidity Management R&Q Broker Services Limited
Limited
============================= =================================
R&Q Malta Holdings Limited R&Q (Gibraltar) Limited
============================= =================================
R&Q Insurance (Malta) R&Q Insurance (Guernsey)
Limited Limited
============================= =================================
R&Q Insurance Management R&Q Insurance Services
(IOM) Limited Limited
============================= =================================
R&Q Reinsurance Company R & Q Reinsurance Company
(UK) Limited (Belgium)
============================= =================================
R&Q RI Insurance Company Reinsurance Solutions
Limited 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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