AIRROC is pleased to announce the addition of two new members, Quest Group and Xitus Insurance Holdings USA, as well as Simpson Thacher & Bartlett LLP as a new Corporate Partner. AIRROC is delighted to expand its network with this group and extends a warm welcome to its new members along with its newest corporate partner. This line-up not only showcases the mix of global diversity but also reflects the growing breadth of the AIRROC community. We look forward to collaborating together on issues relevant and vital to our shared communities of legacy professionals.
- Quest Group is an international legacy specialist focused on acquiring discontinued insurance business and managing (re)insurance portfolios in run-off on behalf of insurers. We have operations based in London, New York, Zurich, Malta and Japan to service our international client base. Our key principals are also regulatory approved persons in the UK, Ireland, Singapore, New York, Gibraltar, Guernsey, Brazil and Bermuda. Despite our growth, we retain all the benefits of a small company, having a simple ownership structure which makes us transparent, easy to work with, empowers us to make quick decisions, as well as being flexible and proactive. Our trusted team brings decades of experience, market insight and regulatory understanding to each transaction. We have a plethora of experience within Quest, employing the best people in their field with backgrounds including accounting and regulatory reporting, claims & outsourcing management, insurance restructuring, actuarial and legal. To learn more about Quest, visit https://quest-group.co.uk/
- Xitus Insurance Holdings USA is a recently formed Austin Texas based legacy and runoff investor and a division of the well established, Xitus Insurance Holdings Bermuda Group. Xitus specializes in smaller transactions valued at between $5m and $50m. The capital providers are part of the management team, which gives Xitus the ability to make timely decisions. Xitus USA is headed by Robert Lewis who, in addition to being one of the capital providers, has over 30 years experience in the insurance and financial services industry. To learn more about Xitus, visit www.xitusibt.com
- Simpson Thacher & Bartlett LLP is an international law firm that handles disputes and transactions for the insurance and reinsurance industries from offices around the globe. In the U.S., Simpson Thacher is a leading firm for completing complex transactions, and winning bet-the-company and precedent setting disputes for insurers, reinsurers and investors in the runoff business. To learn more about Simpson Thacher, visit https://www.stblaw.com/
For a full list of the AIRROC Member Companies and Corporate Partners please see the AIRROC website at https://www.airroc.org/member-companies.