Randall & Quilter sells Trilogy MGA to ReSolution Underwriting
Trilogy Managing General Agents, a technical underwriting MGA, has revealed change of ownership after the sale of its business by R&Q MGA (Randall & Quilter) to ReSolution Underwriting Holdings.
ReSolution is the holding company of a group of MGAs based in London, led by its principals Christopher Harman, Norman Topche and Richard Hayes.
Trilogy’s business will continue to be led by Chris Blackwell and retain the same Lloyd’s and company market carrier support.
"Brokers will see the same business appetite and responsive service, that they have come to expect from Trilogy," the company said in a statement.
Blackwell, managing director of Trilogy, commented: “We are grateful to R&Q MGA Limited, our majority owner until now, for the support that they have given Trilogy since its formation in 2013. Going forward as part of the ReSolution group will give Trilogy the platform to grow in our chosen lines of business, as the marketplace moves into a more challenging rating and capacity environment.”
Harman, principal, Resolution Underwriting, said: “Trilogy will add to the breadth of business underwritten within the ReSolution group and I would like to welcome Chris Blackwell and his team. They are experienced underwriters, with a record of delivering profits to their supporting carriers, and an efficient service to their producing brokers – all the essential features of a good MGA. As such they fully embrace the philosophy of ReSolution.”
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