Scopia Capital Management, an institutional alternative asset management firm, agreed to invest $60m in R&Q Insurance, a global non-life specialty insurance company. "2023 has seen Accredited continue its strong momentum and leadership position in the program market, achieving a record first quarter in terms of GWP and Fee Income. For the 12 months ended 31 March 2023, Accredited's GWP is ~$2bn, an increase of ~$200m from year end 2022 where we reported GWP of $1.8bn," William Spiegel, R&Q Insurance CEO.