R&Q weighing managing agency divestiture

Randall & Quilter (R&Q) is exploring the sale of a
majority stake in its managing agency arm and is in discussions
with a number of parties about a potential transaction,
The Insurance Insider can reveal.
Sources told
this publication that the Aim-listed business has retained
experienced sell-side boutique Kinmont to advise it on its
strategic options.
Gavin Kelly's corporate finance business has been working
with R&Q for over a year, it is understood, but efforts to seal
a deal are.