Insurance Services Division
Named after Norfolk heroine Edith Cavell, Cavell was originally formed to oversee the run-off of NWRe, the joint venture between Norwich Union and Winterthur.
From this beginning, Cavell expanded its operations to provide third party run-off management services to the international insurance and reinsurance markets.
In November 2003, Cavell was acquired by the Randall Group, whose existing US operations were subsequently rebranded as 'Cavell' companies.
Cavell has developed a transatlantic presence and offers client dedicated teams of professionals who are focused on providing efficient and cost effective run-off management services.
Cavell can also provide virtual back office support for live insurers, assistance with schemes of arrangement / portfolio transfers and consultancy services on a range of specific matters. Areas of expertise include: underwriting support; audit and inspections; reinsurance recoveries; finance & MIS; commutations and claims management.
Cavell's service provision enables clients to optimise liquidity, manage down liabilities and, where required, bring finality to their discontinued lines portfolios.
Cavell employs over 150 staff, split between its UK and US offices. Staff are employed and developed as highly qualified and skilled individuals to work for a number of key clients.
Senior Management devote a substantial amount of time to each client, to identify needs and determine the optimum mix of services to meet those needs.
Randall & Quilter Investment Holdings plc ("Randall & Quilter")
Acquisition of the Quest Group of Companies, Bermuda
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