AmWINS secures Berkshire Hathaway backing for Unicorn MGA
US-based global insurance distributor AmWINS Group has announced it has secured backing from Berkshire Hathaway International Insurance 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 chief executive officer 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.”