Former HSBC director James Wheddon to lead the MGA in the UK; Canada MGA also launched

Randall & Quilter (R&Q) is launching a UK managing general agency, headed up by a former HSBC Insurance Brokers director.

The MGA is called R&Q Commercial Risks Services Limited, and will underwrite commercial combined, liability, property owners and package insurance products to a selected brokers in London and the regions. Capacity is provided by a European insurer.

James Wheddon, who was previously responsible for the creation of the commercial division at HSBC Insurance Brokers Intermediary Marketing Practice, leads the MGA.

R&Q is also launching R&Q Risk Services Canada Limited, a commercial underwriter with capacity provided by three Lloyd’s syndicates.

It will underwrite professional liability and management liability coverage, including companion commercial general liability, focusing on both individual accounts and schemes/programs.

R&Q Risk Services Canada is is headed up by Scott Saddington, who has worked in underwriting and management in Canada, the United States and Asia-Pacific, with AIG, Liberty International, Munich Re and Executive Risk.