#USA #London #Amwins Global Risks #Contour Underwriting #Marine Cargo

Amwins Enhances Its International Underwriting Capabilities

Amwins Global Risks (AGR), the international division of Amwins, which prides itself as one of the largest independent brokers and underwriters in London, has announced a significant reorganization of its underwriting structure aimed at bolstering its capabilities and expanding its market reach. This restructuring is intended not only to streamline operations but also to improve the alignment of resources and foster deeper, more strategic relationships with carrier partners.

New Structure: A Focused Approach to Underwriting

The newly designed framework will consist of three distinct underwriting entities, each tailored to meet different market needs and led by experienced professionals. The entities include:

1. Unicorn Underwriting: Based in the UK and functioning as a Managing General Agent (MGA), Unicorn will concentrate on fleet and commercial risk, making it well-equipped to address the specific demands of this sector.
2. Contour Underwriting: This newly launched MGA will operate with an open distribution model, initially specializing in Marine Cargo coverage. In 2025, it plans to introduce additional product lines, transitioning the Worldwide Property offering from Unicorn to Contour.
3. Amwins Amplify: A brand dedicated to delivering exclusive products specifically designed for AGR brokers, enhancing the utility and service provided to clients.

Nick Abraham, CEO of Amwins Global Risks, expressed enthusiasm about the reorganization, stating, "This new structure will significantly empower our underwriting capabilities, providing a strong foundation for our teams to excel and grow. It was pivotal for us to categorize our divisions—UK focused, specialty lines, and exclusive products—to ensure we engage with clients and capacity providers effectively and consistently. We aim to enter the market with clear strategies aligned with the unique needs of our offerings."

Leadership Changes: Introducing Industry Experts

A notable highlight of this restructuring is the appointment of Jack Bryan to lead the Marine Cargo product line within Contour Underwriting. Bryan’s extensive experience in the insurance sector will be crucial as Amwins expands into new specialty areas and strengthens its global offering. Simon Jackson, Managing Director of Amwins International Underwriting, commented on this appointment, saying, "Jack Bryan’s leadership in Marine Cargo is invaluable as we diversify our specialties and improve our international underwriting capabilities."

As Unicorn Underwriting progresses to rebrand its Worldwide Property team to Contour Underwriting in 2025, it emphasizes a continued commitment to outstanding service and existing product offerings. Moreover, Unicorn will maintain its current structure but with aspirations to enhance its UK market presence further.

Diversification in Focus

The introduction of Contour Underwriting, along with ongoing developments planned within Unicorn and Amplify, delineates a critical step in Amwins Global Risks' broader strategy to diversify its portfolio and present clients with innovative, customized solutions across various sectors. This proactive approach reflects a continuous commitment to staying ahead of market trends and client demands.

For more information about Amwins International Underwriting and its enhanced capabilities, stakeholders can visit their official webpage. Amwins Global Risks has established itself as a noteworthy player in the specialty insurance landscape, managing over $3 billion in premiums annually within both the London and global markets.

Conclusion

The reorganization of Amwins Global Risks reflects an industry-aware strategy to meet ever-evolving market demands by improving underwriting services and client engagement. With a strong leadership team in place, Amwins is well-positioned for sustained growth and innovation in the highly competitive insurance market.