R&Q Insurance Holdings Limited

Retirement of Alan Quilter

2 January 2024

R&Q Insurance Holdings Ltd (AIM-RQIH) ("R&Q"), the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, announced on 31 March 2023 that Alan Quilter, Group Head of Program Management, would retire from R&Q and the Board of Directors at the end of the year.

R&Q confirms Alan has retired and stood down from the Board on 31 December 2023. As also previously announced, Alan will stay on in an advisory capacity for a period of time.

Jeff Hayman, Chairman of R&Q, said: "On behalf of the Board, and everyone at R&Q, I want to thank Alan for everything he has contributed. It is over 30 years since Alan co-founded R&Q and he has been instrumental in the Group's history. During his tenure at R&Q, Alan has held a range of roles, including CFO and CEO. More recently, he has been central in the successful growth of Accredited as it developed into a leading global program manager. I also know that many past and present employees have benefited from Alan's mentorship and collaborative leadership style. We wish him the very best in his well-deserved retirement."

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About R&Q

R&Q is a global non-life specialty insurance company. We operate two core businesses: Program Management and Legacy Insurance. Both these businesses are leaders in their respective markets.

Our approach is to deploy our origination and underwriting capabilities, alongside our licensed and rated carriers in the US, EU, and the UK, to generate attractive fee returns in Program Management and Legacy Insurance.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com