Accredited Insurance (Europe) Limited (“R&Q Accredited”), a wholly owned subsidiary of R&Q Insurance Holdings Ltd. (“R&Q”), today have announced they have signed a long-term extension with their underwriting partner Inperio (London) Limited (“Inperio”), an Inperio Holdings Company, to further grow and develop their UK Professional Indemnity Portfolio.
The extension provides Inperio with £163.5m of underwriting capacity until 2027 and builds on the already successful partnership launched in 2018, which has seen Inperio underwrite Professional Indemnity Insurance for Solicitors, IFA’s and Insurance Brokers on behalf of Accredited.
Commenting on the extension Colin Johnson CEO of R&Q Accredited said, “Inperio was one of our first MGA partners and the relationship has gone from strength to strength. Since 2018 Inperio has not only impressed us with their detailed approach to underwriting, but their investment in claims management and legal services means they are uniquely placed to offer a complete underwriting and claims solution. Today’s 5-year extension was an obvious choice for us in supporting our continued growth, and ambition to partner with the best MGAs in the market”.
Simon Lovat, CEO of Inperio said, “We are lucky and privileged that R&Q Accredited have agreed to extend our relationship for a further 5 years. This commitment to Inperio, shows that our mix of underwriting discipline, claims handling and legal services gives the best outcome for our insurance partners; it also gives certainty to our policy holders and brokers in what is often seen as a challenging marketplace. We are excited about the new products we have in the pipeline with R&Q Accredited and being able to bring our solutions to more policyholders over the next 5 years."
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