R&Q identifying MGAs for disposal

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The Bermudan insurance investor revealed yesterday that it had tripled profits in 2016 to £8.5m from £2.8m in the previous year. Randall said the group was now identifying MGAs for disposal. “This is not a new theme,” Randall told Post. “We embarked on this process a while ago and we’ve been fairly consistent on our messages on that. “For example, we’ve already disposed of a number of MGAs, we sold our marine yacht MGA to Hiscox 18 months ago, we sold our high net worth MGA at the start of