Member Article

Randall & Quilter complete Hickson purchase

Randall & Quilter Investment Holdings plc has completed its acquisition of Hickson Insurance Limited.

HIL has been in run-off since 2002 and wrote a mixed book of business from 1988, including public and products liability, property, general liability, marine, death in service.

Ken Randall, Chairman and ChiefExecutive Officer of Randall & Quilter, said: “The purchase of HIL further evidences the increasing level of acquisition activity we are seeing as a Group.

“It also continues to demonstrate our ability to provide attractive exit solutions for captive owners who have put their captives in run-off or are contemplating ceasing writing new business. This will be our first captive acquisition in the Isle of Man.”

This was posted in Bdaily's Members' News section by Tom Keighley .