- Insurance group Randall & Quilter Investment said two of its subsidiaries had completed a number of new program partnerships.

Accredited Surety and Casualty Company, based in the US, had become the issuing carrier on behalf of Paragon Insurance for specialty commercial transportation coverage in New York.

Separately, Accredited Europe hasdagreed a new program underwriting partnership with Sophro MGA, which provided after the event insurance.

'Having built strong underwriting and support teams in the US, Malta and London, we are now seeing the fruits of their hard work,' joint chief executive Alan Quilter said.

'The Accredited brand expects to see a significant uplift in 2019 to the $500m of contracted gross written premium that we underwrote in 2018.'

'Our pipeline of program business opportunities continues to grow and we are pleased to announce the launch of these new programs and the development of our relationships with our MGAs.'

Story provided by