UNITY Motor and Household Insurance
Innovative Black Empowered Personal Lines Insurer.
Unity Motor & Household Insurance was set up in November 2004 by Telesure Investment Holdings, a giant in the insurance industry. Telesure is the controlling shareholder in Unity with a 50.1 % stake.
At inception it was decided that Unity would use an earn-in empowerment model, which means that an empowered market entrant who needs no funding for its inclusion would be utilised in this way, allowing new entrants into the empowerment arena.
Telesure, who owns market leaders like Auto & General, have ensured that Unity is strategically positioned in a shifting macro environment. Furthermore, Telesure has provided the necessary support for Unity’s vision of creating a working environment that will be able to attract, train and retain skilled people from all sectors of society.