Randall & Quilter Investment Holdings, a non-life global specialty insurance company, agreed to acquire The Vibe Group, an insurance company, for £25m. "We are delighted to have agreed terms to acquire the Vibe Lloyd's Companies. R&Q takes pride in providing finality for owners and we are pleased to see clear evidence of increased demand for legacy solutions at Lloyd's throughout 2020. While logistically it has taken longer to complete deals due to Covid 19, we are pleased to report that we have a healthy pipeline of opportunities and a number of further transactions which are nearing completion. We therefore look forward to announcing further legacy transactions over the course of the next few weeks," Ken Randall, R&Q Executive Chairman.