One Sure buys Unicom from Tradewise liquidators
One Sure Insurance has bought the motor trade specialist Unicom Insurance brand, customer base and systems with all staff moving across as part of the deal, Insurance Age can reveal.
The business was previously owned by managing general agent Tradewise Insurance Services which, as revealed by Insurance Age, went into administration in January.
This had followed confirmation in December 2021 that the motor MGA would stop binding new business or renewals from January 2022 after being unable to renew its reinsurance programme with Berkshire Hathaway.
Chris Lear, managing director of One Sure, confirmed the takeover noting that most of Unicom’s capacity used to be provided by
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