Lloyd’s CEO and underwriters share market update with AmWINS
12 May 2020
Neil Chapman, Underwriter for the Worldwide Property team at Unicorn Underwriting, has featured in a panel discussion of the pandemic’s impact on the Property sector in an exclusive podcast also featuring Lloyd’s CEO John Neal. Listen to the podcast here.
Unicorn Underwriting expands property capabilities with Matt Edwards appointment
23 May 2019
US-based global broker AmWINS Group, Inc. (“AmWINS”) and parent of THB Group (“THB”), the specialist insurance and reinsurance broker, today announced the appointment of Matt Edwards as lead underwriter, property specialty in its London-based MGA Unicorn Underwriting (“Unicorn”). The appointment is effective 17th June and Edwards will report to Frank Murphy, CEO, Unicorn and CEO, THB Group.
Edwards will lead a fourth division of Unicorn, Unicorn Property Specialty, and will focus on writing property insurance for small to medium size businesses and high value homeowners throughout the US. This business will be complementary to the larger property accounts being underwritten by Neil Chapman’s Worldwide Property Division within Unicorn. Edwards joins from Pardus Underwriting, and has some 25 years’ experience in the insurance industry, including broking and management roles at both Aon and THB Group.
Murphy said: “Unicorn has been attracting some of the leading underwriting talent in the market. We have ambitious plans for the business and, with the expertise of Matt and the new property-specialty team, we look forward to continuing on the path of strong, profitable growth.”
Edwards said: “I am excited about the opportunity to join the talented underwriters at Unicorn and offer clients an innovative solution for SME property businesses in the US.”
IMPORTANT INFORMATION FOR EUROPEAN TRAVEL AFTER 29TH MARCH 2019
4 March 2019
As you will be aware, the UK is due to leave the EU on the 29th March and may leave with no withdrawal agreement in place; a ‘No Deal Brexit’. If this is the case, unless a specific agreement is reached in relation to insurance, you will have to ensure that a Green Card is carried by the driver of any vehicle which you wish to use in countries which are part of the European Economic Area. A list of the EEA countries can be found at www.gov.uk/eu-eea.
A Green Card is proof you have the minimum legal requirement for Third Party Insurance and is considered an International Certificate of Insurance issued by UK insurance providers. This guarantees that you or any named driver, driving with your permission, has the necessary cover whilst driving in the country (or countries) being travelled to.
Further information on these requirements can be found on the Motor Insurance Bureau website at https://www.mib.org.uk/driving-abroad-eu-exit/
If you require a Green Card, please contact your insurance intermediary with details of the vehicle(s), countries which you intend to visit, names of insured drivers and the dates of travel. You will need to do this at least 10 days prior to the intended date of travel in order to give us time to issue the necessary document(s). A separate Green Card is required specific to each vehicle travelling and under current legislation, the green card still has to be a physical document printed on green paper.
We would like to reassure you, our Policyholder, that we are fully prepared for this eventuality and will be in a position to issue Green Cards as necessary to facilitate overseas travel.
Should you have any questions, please address them to your insurance intermediary in the first instance, or contact Unicorn Underwriting Ltd.
Unicorn Underwriting continues expansion with hire of Neil Russell
20 December 2018
Unicorn Underwriting is pleased to announce Neil Russell will be joining the firm as of 1st January 2019. Russell will initially be working on the development of new facilities and capacity for the firm with plans to join the Property Underwriting team mid-year. In addition, Russell will work with Unicorn management to identify new business opportunities for the fast-growing MGA, originally launched in March 2015.
Russell will add more than 20 years of experience in underwriting property risks to Unicorn’s already substantial underwriting expertise. He began his career at Lexington Insurance Company, and most recently served as Head of Property at the Argo Syndicate where he worked alongside Neil Chapman, now Head of Unicorn’s Worldwide Property Division. Once reunited, Russell and Chapman will work closely to continue to build the Unicorn Property offering.
“We are all looking forward to working with Neil when he joins the property team mid-year,” said Neil Chapman. “He and I worked closely together at Argo earlier in our careers, and I am confident that he will add significant underwriting bench strength to Unicorn.”
Calling Coach/Bus Operators – visit Unicorn at Euro Bus Expo 2018
20 September 2018
Unicorn will once again be exhibiting at this important passenger transport industry event. If you will be one of the thousands attending, please do visit us at Stand B13 to find out more about our specialist policies and claims handling for passenger transport operators. If you haven’t yet registered to attend, visit https://www.eurobusxpo.com/
Unicorn launches SME division with dual appointments
11 June 2018
US-based global broker AmWINS Group, Inc. (“AmWINS”) today announces the launch of an SME division within its London-based managing general agent Unicorn Underwriting (“Unicorn”). As part of the launch, Kevin Hawkins and Richard Ellis have joined as UK SME underwriting director and UK SME pricing director, respectively, effective immediately.
Unicorn will initially offer SMEs commercial combined, retailers, office & surgery and property owners products, alongside the previously available unoccupied residential and commercial property policies. The new SME products are underwritten by AA-rated Travelers Insurance Company Limited.
Hawkins and Ellis have over 30 years of experience in the underwriting and pricing of commercial SME business and join from LV=Broker, where they spent the past 11 years building and managing SME accounts.
Sasa Brcerevic, CEO of Unicorn Underwriting, said: “I am very pleased to welcome two very talented, experienced and skilled leaders to head Unicorn’s new SME division. Having spent many years serving UK SME clients, both have consistent track records in delivering market-beating results.”
Hawkins said: “The SME market is ripe with opportunity for a fresh, client-centric underwriting agency. Unicorn enjoys the support of a strong and stable backer in AmWINS and, with policies underwritten by AA rated Travelers, we have the ideal foundation to offer clients the very best products”.
Ellis said: “Kevin and I have jointly identified a great opportunity in the UK SME insurance market. As part of Unicorn, I am very pleased we’ll be able to offer our broking partners and clients outstanding products and very much looking forward to joining the team”.
New Worldwide Property Division announced
1 November 2017
Unicorn has appointed well known underwriting specialist Neil Chapman to run its newly launched Worldwide Property division.
Most recently the head of direct and facultative (D&F) at Argo Global, Neil Chapman has also held senior underwriting and management roles at Heritage and Catlin.
“With robust capacity in place for our US/Caribbean property portfolio I am very happy that the new Worldwide Property division will quickly establish itself in the market,” said Chapman, “and I’m excited to be joining this rapidly-growing MGA which already has a strong presence in transport, particularly PCV.”
Unicorn Underwriting to exhibit at Coach & Bus UK
15 August 2017
Coach & Bus UK 2017, the UK’s premium coach, bus and accessibility exhibition, is looking to welcome over 6000 industry experts to the NEC, Birmingham on 4th and 5th October.
Unicorn – the only underwriting agency member of the Confederation of Passenger Transport UK – is exhibiting at Stand M14 for both days of the event.
AmWINS’ MGA Unicorn appoints Perry Lyons
23 March 2017
US-based global broker, AmWINS Group, Inc. today announces the appointment of Perry Lyons as motor fleet underwriter for its London-based managing general agent Unicorn Underwriting.
Lyons brings more than 20 years of experience in underwriting motor fleet and related risks to Unicorn. He joins from XL Catlin where his primary focus was underwriting haulage business, with an emphasis on risk managed programs. Before XL Catlin, Lyons was a motor broker placing wholesale motor business into the London market.
His appointment extends Unicorn’s substantial underwriting expertise and highlights the company’s strong growth since its launch in March 2016.
Julian Cashen, class underwriter at Unicorn, said: “Perry is a highly experienced and extremely well-regarded underwriter whose arrival could not be more timely. Unicorn’s underwriting expertise backed by Berkshire Hathaway capacity is proving a compelling proposition for motor fleet business in a market where mergers and acquisitions have narrowed the field. Perry’s appointment adds to our momentum as we scale the business and further expand our outstanding proposition to clients.”
EuroBus Expo welcomes Unicorn Underwriting
15 July 2016
The leading international trade show for bus and coach professionals, EuroBus Expo, will for the first time feature Unicorn Underwriting – the passenger transport vehicle insurance specialist – as an exhibitor.
EuroBus Expo 2016 is being held at the NEC, Birmingham, from 1st November to 3rd November and is likely to welcome some 9,500 bus and coach industry professionals during the show. Unicorn, backed by AA+ rated insurer Berkshire Hathaway, is exhibiting at Stand D19 for the entire three days of the event.
Unicorn has already stated its intention to become a major provider of insurance to the Coach industry, demonstrating its commitment by becoming the only underwriting agency member of the CPT (Confederation of Passenger Transport) recognised by Government as the voice of the bus and coach industry.
Calling all coach operators …
20 July 2016
Specialist managing general agency Unicorn Underwriting is highlighting its aim to become a major provider of insurance to the Coach industry with a new series of adverts in key industry publication Coach & Bus Week.
Unicorn, backed by AA+ rated Berkshire Hathaway, has also demonstrated its commitment to the Passenger Transport industry by being the only Underwriting Agency to be a member of the CPT.
AmWINS’ MGA Unicorn announces senior appointments
30 March 2016
US-based global broker AmWINS Group, Inc. (“AmWINS”) today announces the appointment of Darren Nightingale to lead its London-based managing general agent (MGA), Unicorn Underwriting (“Unicorn”).
Nightingale will be joined by Julian Cashen from Liberty Underwriting as class underwriter, motor fleet. Together they will focus initially on specialist motor fleet business including passenger and road transport industries based in the UK. Unicorn, which recently secured backing from AA+ rated Berkshire Hathaway International Insurance Limited to write motor fleet business, has ambitious plans and will add further lines of business in due course.
Nightingale, who becomes Unicorn Underwriting’s CEO subject to FCA approval, has almost 30 years’ experience in the insurance industry, gained through a variety of broking and underwriting roles mainly within the specialist motor fleet sector. He was previously the managing director of Lloyd’s broker Thompson Heath & Bond’s London Market Division. His experience in the industry has brought him into contact with many brokers and commercial clients and he looks forward to continuing those relationships in his new role.
Cashen also brings 30 years’ underwriting experience to Unicorn. As a motor fleet specialist, particularly for bus and coach business, Cashen is highly regarded in the passenger transport industry to which Unicorn will become a major insurance provider.
Nightingale said: “I am extremely pleased to take up the opportunity to lead Unicorn, which is bringing substantial underwriting expertise and financial clout to the motor fleet sector. With the backing of Berkshire Hathaway International Insurance Limited, combined with our specialist sector experience and relationships, Unicorn is in a strong position to offer an outstanding, dedicated service to clients.”
AmWINS secures Berkshire Hathaway International Insurance Limited backing for Unicorn MGA
29 March 2016
US-based global insurance distributor AmWINS Group, Inc. today announces it has secured backing from AA+ rated Berkshire Hathaway International Insurance Limited for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business.
Unicorn will focus initially on specialist motor fleet business, including passenger and road transport industries based in the UK, in addition to its existing property owners’ facility. The firm has ambitious plans and intends to add new lines of business in due course.
AmWINS CEO Steve DeCarlo said: “We are delighted to partner with such a highly respected firm as Berkshire Hathaway International Insurance Limited in this new venture. AmWINS’ objective is to identify opportunities in specialist sectors where our expertise and relationships can make a genuine difference. We are now ideally placed to make just such a difference in this sector and look forward to announcing further underwriting team developments in due course.”