THB Group establishes underwriting division
Specialist insurance broker THB has launched a new division outside its core broking operation. Unicorn Underwriting Limited has received Financial Sservices Authourity authorisation and will operate as a separate company to emphasise the Group’s highly specialist underwriting capability.
Andy Hawkes, CEO of THB UK who will oversee the new operation, explained: “THB’s ability to offer binding authorities and to take on underwriting authority in specialist areas has long been a key benefit to our business partners. Establishing Unicorn Underwriting is a carefully considered strategic decision which clearly differentiates this separate capability and emphasises our plans to develop further in this increasingly valued service area."
He added: "In establishing Unicorn as a stand-alone
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