commercial motor insurance News

MGA Pen Underwriting Signs £150M Motor Capacity Deal with Zurich Insurance

Pen Underwriting, the UK managing general agent, has announced a new long-term capacity deal with Zurich in the specialist area of hazardous and tanker transportation, building on a successful partnership that extends back more than 30 years. The agreement will …

UK-Based THB, Secures Motor Fleet Arrangement with Unicorn Underwriting

THB, the London-based specialist insurance and reinsurance broker, announces it has secured an exclusive wholesale broking arrangement with Unicorn Underwriting for UK motor fleet business. Unicorn Underwriting recently received backing from Berkshire Hathaway International Insurance Ltd. and that new capacity …

AmWINS’ MGA Unicorn Names Nightingale as CEO, Cashen as Motor Fleet U/W

Charlotte, N.C.-based broker AmWINS Group Inc. announced the appointment of Darren Nightingale as chief executive officer of its London-based managing general agent, Unicorn Underwriting. Nightingale will be joined by Julian Cashen from Liberty Underwriting as class underwriter, motor fleet. Together …

AmWINS Gets Backing for Unicorn MGA from Berkshire Hathaway International

U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business. Unicorn will focus initially on specialist …

UK’s Aviva Beefs Up Fraud Screening in Commercial Motor Business

Aviva detected fraud in almost 2,200 commercial motor policies in 2015, using various anti-fraud tools, the London-based insurer revealed. But the company is taking its fight against fraud to a new level — by screening all commercial motor policies at …