Navacord taps Unity Managing Underwriters to expand underwriting solutions

Navacord has partnered with Unity Managing Underwriters Ltd. to expand its array of underwriting solutions.

Navacord has partnered with Unity Managing Underwriters Ltd. to expand its array of underwriting solutions.

The collaboration, which commenced on August 1, and marked a new milestone in Navacord’s continuous growth and commitment to providing exceptional underwriting solutions.

This partnership aligns with Navacord’s strategic focus on strengthening its Underwriting Solutions department, which was formalised last year. By aligning with Unity Managing Underwriters, the company aims to enhance its offerings to Navacord Broker Partners, providing them with access to top-tier placements and products across various industry sectors.

Navacord is well-known for its presence in the insurance sector, with a particular focus on the automotive industry. The union with Unity Managing Underwriters adds a layer of expertise in creditor, life, disability, and extended warranty products for personal and commercial vehicles.

The move is expected to be mutually beneficial. Tony Guarini, Vice President of Unity Managing Underwriters, is optimistic about the partnership. He stated, “We’re confident that joining Navacord will enrich Unity’s product development while expanding our dynamic business mindset and model. Navacord’s well-established presence in the automotive space will lend well to our client offerings, and we look forward to further developing their MGA roster as well.”

T. Marshall Sadd, Executive Chairman of Navacord, expressed enthusiasm about the collaboration, saying, “We welcome Unity to the Navacord network and we’re enthusiastic about the amplification they’ll bring for our MGA presence and transportation expertise.”

Unity Managing Underwriters Ltd. specialises in various insurance products, including creditor, life, disability, and extended warranty coverages for both personal and commercial vehicles. Unity has earned a strong reputation for its work with clients in the financial sector and automotive dealerships.

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