Unison Risk Advisors Adds Avondale as First to Join Its Non-Retail Division

Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division.

Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company across all property and general liability classes. Avondale only writes business through appointed wholesale brokers. It does not trade directly with retail brokers. The firm has full underwriting authority on behalf of a number of U.S. domestic, Bermudian, European and Lloyd’s of London capacity providers. It serves both domestic and international clients and markets.

Avondale, headquartered in Boston, also has offices in Chicago, Tampa and Manchester, New Hampshire, and serves both domestic and international clients and markets. Daniel Hinchliffe serves as Avondale chief executive officer.

Avondale had been part of Avoca Insurance Holdings (AIH), a privately held, independent company founded in Bermuda in January 2009 that owns and operates specialized underwriting management companies.

Unison Risk Advisors was formed in December 2020 with the merger of Cleveland-based Oswald Companies and RCM&D of Baltimore, followed by the addition of Florida’s NSI Insurance Group in June 2023. It now has more than 1,000 employees in more than 20 offices.

Avondale marks the URA’s 19th transaction overall. MarshBerry acted as exclusive financial advisor for Avondale and Avoca Insurance Holdings.