Randall & Quilter Investment Holdings has agreed an arrangement with the Law Society of Ireland in respect of the run-off obligations of the Solicitors Mutual Defence Fund (SMDF).
SMDF provides professional indemnity protection for solicitors based in Ireland.
Ken Randall, chairman and CEO of R&Q Investment Holdings, said: “We are pleased to announce the arrangement with the Law Society of Ireland further demonstrating R&Q’s ability to offer finality solutions in a range of different situations.”
R&Q Malta also reached an agreement with SIMIA, a mutual insurance company, in September, to provide loss portfolio reinsurance coverage for all insurance contracts previously underwritten by the company.
In the same month, the company also agreed a portfolio transfer agreement of a run-off business from Aviabel.
