Reinsurance News

Trinity Underwriting forms carrier partnership with Obsidian

21st April 2021 - Author: Charlie Wood

Amwins Underwriting-owned Trinity Underwriting Managers has announced a new carrier partnership with Obsidian.

handshake-close-up-photoThe partnership will look to enhance Trinity Underwriting’s automotive liability product offerings, including solutions for towing, automotive repossession, sand and gravel, paratransit and intermodal trucking businesses.

“The automotive industry has faced volatility and a myriad of complex challenges, leaving a growing need for liability solutions,” said Stephen Standing, executive vice president of TUMI.

“We look forward to working with Obsidian to enhance our automotive programs and fill a niche gap in the marketplace, while providing the ideal support for our retailers.”

Trinity Underwriting as part of Amwins Underwriting, specialises in designing marketing and underwriting niche transportation programs.

The partnership with Obsidian is seen as augmenting its reinsurance relationships, providing the ability to write more premiums on a larger scale and expand its product and program offerings.

“We are very excited to be partnering with TUMI on this opportunity,” said William Jewett, CEO of Obsidian.

“Stephen Standing has positioned TUMI exceptionally well in this rapidly evolving market segment, and we believe that our partnership represents a very attractive and sustainable opportunity for Obsidian and our reinsurers.”

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