R&Q SELLS TRILOGY MGA TO RESOLUTION

Randall & Quilter (R&Q) has sold managing general agent Trilogy to ReSolution Underwriting Holdings for an undisclosed price. Trilogy, which was founded in 2013, writes UK commercial material damage, liability and associated classes in many trade sectors. It will continue to be led by Chris Blackwell as managing director and retain the same Lloyd’s and company market carrier support. ReSolution is the holding company of a group of MGAs based in London. Blackwell said the acquisition by ReSolution "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".