Unrivaled Service and Support
Our customers are our most valued asset and their satisfaction is the key to UniFi’s success. We are committed to building long-standing relationships with global independent film, television and new media producers, financiers and investors. We work hard, fast and smart to provide our customers with the single best customer experience. We understand no two customers are alike and each has different requirements. Being a small, boutique completion guarantor lets us make you our top priority and customize our service and support to match your unique needs. We recognize motion picture production can be interesting, stimulating and even inspiring but nonetheless hectic, demanding, challenging and distressing. We are here to help and collaborate.
We can be an indispensable resource for production information and assistance. When needed, we will freely give customers our advice, guidance and recommendations on production logistics, personnel, vendors, locations and more.
We strive to simplify, streamline and expedite what can otherwise be a demanding and time-consuming process, helping you to quickly close your production financing arrangements.
Our commitment to you does not end when the completion bond is issued. We stay involved and continue to monitor the progress of your production through its completion and delivery. We remain available to always offer our support and troubleshoot unusual or challenging conditions – whenever and wherever they may arise.
Excellent Financial Strength and Ratings
nifi is the general managing underwriter of film, television and new media completion bonds for OneBeacon Insurance Group (OneBeacon)
, a subsidiary of Intact Financial Corporation (Intact)
. OneBeacon provides insurance solutions for the entertainment industry and other specialty markets. OneBeacon’s underwriting companies consistently receive an “A” (excellent) rating from A.M. Best, the company recognized worldwide as the benchmark for assessing insurers’ financial strength.
Our completion bonds are currently being issued directly by Atlantic Specialty Insurance Company (ASIC), which is an admitted carrier and one of OneBeacon’s highly-rated and financially strong underwriting companies. ASIC takes full responsibility for adjusting claims and paying 100% of any completion bond losses. Accordingly, your financiers and investors, (1) should only need to confirm ASIC’s excellent financial strength rating and avoid the need to pore over the financial strength ratings of numerous insurance and reinsurance companies, and (2) will not have to separately resolve and enforce claims through multiple actions, in various jurisdictions against multiple reinsurers, which is often a prerequisite to any loss recoveries when dealing with other bond companies. Furthermore, OneBeacon has a dedicated claims department with the expertise and experience to investigate and resolve any claim that may arise under our completion bonds. They will provide the forms, instructions, and assistance needed to process any claim. The UniFi team will provide its collective expertise, knowledge, and experience to help to ensure every claim is properly adjusted and quickly paid. UniFi’s re/insurance structure is designed to provide direct and uncomplicated legal and financial security and protection to producers, financiers, and investors.
Specialized Expertise and Experience
s a team, we have provided completion bonds and related services for several hundreds of movies. Our staff specializes in physical production, production finance, post-production, visual effects and CGI, distribution by all means and media, delivery and business affairs. Though we support productions small and large, we are qualified to assist filmmakers and producers in managing and completing even the most complicated productions. Many of the productions we have recently bonded can be found in our Filmography.
At UniFi, we promote both the unique qualifications of our individual staff members and the unity of teamwork. Every member of our Production and Business Affairs departments will be familiar with your production so you can benefit from their collective knowledge, expertise and experience. Whenever possible, we will assign the same executives to manage your account to help foster trust, communication, cooperation and expediency. We are dedicated to providing the single best customer experience by offering you individually-tailored and top-priority service and support from pre-production through completion and delivery.
Members of our in-house Production Department have their own line-producing experience. They too are familiar with everyday production pressures and exigencies. They are adept at finding inspired and collaborative solutions to routine complications as well as the most demanding and challenging conditions.
Members of our in-house Business Affairs Department will quickly and expertly prepare and negotiate the Completion Guaranty, Completion Agreement and related documents. They can expertly deal with a wide range of production financing structures, from simple to complex, including domestic and international presales; senior, mezzanine, gap and equity financing; production tax credits; and governmental subsidies and rebates.
We have strong and long-standing industry relationships with banks, financiers, studios, producers, production service companies, domestic and international distributors, payroll companies, risk and asset management advisers, insurance agents and brokers, insurance companies, accounting and law firms, talent agencies, laboratories, suppliers and more.
Our expertise and experience together with OneBeacon’s strong financial capacity and rating allows us to bond film, television and new media productions of all genres and at all budget sizes including heavy action and visual effects-driven blockbusters.
No geographical location is beyond our reach. We can service and support you wherever in the world you choose to shoot and post, even when the crew must traverse practical locations in several cities, states or countries. Upon request, one of our production executives will visit you on location during preproduction or production. Whenever you will need our support for an extended period we will find skilled local production representatives to assist you. Moreover, once you have completed post-production, we can help to ensure all bonded delivery materials are properly manufactured and presented to your distributors and broadcasters, wherever located around the world.
Highly Competitive Pricing
By keeping a small but extremely experienced staff and low overhead expenses, we can offer our customers tailor-made service and support at an extremely reasonable price. Contact us for your personalized quote.
Alternative Products and Services
n certain cases, you may not need the full protections of a traditional completion bond. UniFi also offers the following alternative products and services, the cost for may be considerably less than that for a traditional completion bond:
SIR-Completion Bonds: This form of completion bond is similar to a traditional completion bond. However, in addition to all other budgeted cost items including a standard contingency allowance, a certain dollar amount (the self-insured retention or SIR) must be paid (usually by the production company) before the completion guarantor will respond to any loss or liability under the completion bond. The SIR amount typically ranges between 5-20% of the total production budget. Since the risk of loss shifts from the completion guarantor to the SIR funder to the extent of the SIR amount, the cost for purchasing an SIR-completion bond can be much lower than that for a similar traditional completion bond.
IdentiFi: This program is designed for producers, lenders, and investors that are willing to self-insure completion and delivery of the subject production but still want UniFi to thoroughly review and evaluate the production plan and provide some or all of the same services it provides under a traditional completion bond. IdentiFi customers have the flexibility to determine the scope and duration of the services they need from UniFi. Since UniFi only provides its support and advice and does not guaranty the subject production will be completed and delivered on-time and on-budget, the cost for IndentiFi services can be significantly lower than that for a traditional completion bond.
RectiFi: This program is designed to serve producers, lenders, and investors who chose not to purchase a completion bond and find themselves immersed in a production confronted with significant complications, obstacles or setbacks. Our staff has the expertise and experience to evaluate and troubleshoot all on-going difficulties and offer meaningful, practical, economical, and immediate solutions. The cost for RectiFi services will depend on the nature, scale, and scope of the production problems needing fixing.