1. 22287 Mulholland Highway, #367 Calabasas, CA 91302-5190 (855) 938.6434
22287 Mulholland Highway, #367
Calabasas, CA
(855)
(855) We UniFi
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

2. Who We Are
UniFi Completion Guarantors (UniFi) was established by Steve Mangel, Michael Levine, and Steven Leib to be a boutique completion bond company seeking to build long-lasting relationships with global independent film and television producers, financiers, and investors. UniFi provides completion bonds (also known as completion guarantees), which guaranty financiers and investors that film, television and new media productions they choose to fund will be completed on schedule and on-budget, and delivered to principal distributors.
The combination of UniFi’s personalized service and support, outstanding rating and capacity, specialized expertise and experience, worldwide capability, and competitive pricing is an unbeatable value.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved. 2

3. UniFi is the general managing underwriter of film and television 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.
UniFi’s bonds are guaranteed through Atlantic Specialty Insurance Company, a New York insurance company (“ASIC”) and part of OneBeacon. ASIC is authorized to write surety coverage in all 50 states, District of Columbia, and the territories of Puerto Rico and the U.S. Virgin Islands.
ASIC takes full responsibility for directly adjusting claims and paying 100% of any completion bond losses. Accordingly, financiers and investors (1) need only to confirm ASIC’s excellent financial strength rating and avoid the need to pore over the financial strength ratings of numerous 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.
UniFi’s re/insurance structure is designed to provide direct and uncomplicated legal and financial security and protection to producers, financiers, and investors.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

4. The Executive Team
Steve Mangel, President (former President & CEO at IFG)
Michael Levine, President of Production (former SVP of Production at IFG)
Steven Leib, President of Business Affairs (former Head of Business Affairs at IFG)
Beth DePatie, Vice President of Production Finance
Max Mangel, Production and Business Affairs Manager
The UniFi team has serviced the completion bonds for several hundreds of film and television productions and has established itself as a leader in providing and servicing completion guarantees. UniFi’s staff specializes in physical production, production finance, post-production, visual effects including CGI, post-production and delivery, and all facets of business affairs. Though we support productions small and large, we are qualified to assist producers to manage and complete even the most complex productions.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

5. Steve Mangel - President
Together with Steven Leib and Michael Levine, Steve Mangel formed UniFi to “provide unrivaled and personalized service and support, offering our customers a new, favorable and alternative choice to the larger, conventional bond companies.”
Before UniFi, Steve served as President and CEO of International Film Guarantors (IFG) for 15 years, where he was responsible for managing all company operations. Steve has supervised bonding of more than 400 films and television productions with aggregate production budgets exceeding $10 Billion.
Prior to IFG, Steve served 12 years as a senior executive at LIVE Entertainment in charge of business and legal affairs where he also founded and headed its international sales division. As the company’s chief dealmaker, Steve structured the financing and production of many high-profile independent films.
Before joining LIVE, he was a partner in an entertainment law firm.
Steve received his Juris Doctor degree from the University of Southern California Law Center.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

6. Michael Levine - President of Production
Michael supervises the evaluation of every project submission, including the assessment of all production elements (script, budget, shooting schedule, post-calendar, key personnel) and oversees monitoring every project UniFi accepts to bond during all phases of production.
Michael works closely together with UniFi’s customers and production teams to help ensure their productions are completed and delivered on schedule and on-budget. If a production struggles, Michael and his staff will help find practical, collaborative solutions.
Before UniFi, Michael was Senior Vice President of Production at International Film Guarantors (IFG) for nine years during which time he participated in evaluating and monitoring more than 200 films.
Before joining IFG, Michael served as a Production Executive at Twentieth Century Fox.
Michael graduated from New York University with a major in Film and Television Studies. 
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

7. Steven Leib - President of Business Affairs
Steven Leib is responsible for verifying the legal rights and obligations of UniFi’s customers and overseeing the preparation and negotiation of the completion bond and related contracts and other documents.
Steven has built strong relationships with and is well-respected by banks, financiers, studios, producers, production service companies, distributors, brokers, insurers, law firms, accounting firms, talent agencies, laboratories, suppliers and more. He is well versed in a variety of production financing structures.
Before UniFi, Steven was Head of Business Affairs for International Film Guarantors (IFG) for fifteen years where he negotiated completion bonds for over 300 films and directed the company’s business affairs activities.
Before joining IFG, Steven worked in business affairs at Artisan Entertainment and Savoy Pictures. 
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

8. How We Work
Step 1 – Consider: We begin by asking the producer to furnish proof of funds (POF), which typically takes the form of a short summary describing each financier and investor that has committed to advance production funds, the amount of and, if applicable, any pre-conditions (e.g., script or cast approval, completing pre-sales) to any funding commitments, together with a fully-signed copy of a term-sheet or commitment letter. Once POF is satisfied, the producer will submit key production elements (i.e., screenplay or teleplay(s), budget, shooting schedule, cash flow schedule, and post-production calendar) to our Production Department, and financing, production and distribution contracts to our Business Affairs Department.
Whenever possible, we will assign the same Production and Business Affairs executives to manage your account to help foster trust, communication, and expediency.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

9. Step 2 – Evaluate: Our production staff will review the key production elements to determine the adequacy of the resources (personnel, time and money) that will be made available to the producer.
We will meet with production team members to solicit their ideas and opinions on the budget and schedule and will exchange recommendations for any warranted adjustments if we believe the level of the crew’s experience and skill, the duration of the shooting or post-production schedule or the budgeted costs of production are insufficient.
Our Business Affairs staff will concurrently evaluate the legal rights and obligations of the producer under relevant financing, production and distribution contracts.
If we are satisfied that (1) the production team has the experience, expertise, and skill, and (2) the producer has secured the contractual rights and financing needed to produce, complete and deliver the project with the resources available, then we will “underwrite” the project.
This is an internal process of assessing risk, ensuring that the cost of providing the completion bond is proportionate to the risks faced by the project concerned, during which we approve the submission and undertake to issue the completion bond subject to legal documentation.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

10. Step 3 – Document: Once we underwrite the production, our in-house Business Affairs staff will start to prepare and negotiate the completion bond and related contracts and other documents. Downloadable sample form agreements are made available online at
Step 4 – Track: Once the legal documents are signed and shooting begins, we monitor the progress of production throughout principal photography and post-production and remain readily available to troubleshoot any difficult or challenging conditions.
Step 5 – Deliver: Upon completion of post-production, we work together with the post-production supervisor to ensure all of the bonded delivery items are properly manufactured and presented to principal distributors. If necessary, we will assist the producer in correcting and resubmitting any missing or defective items. Delivery disputes will be resolved by binding, expedited arbitration.
Step 6 – Process: OneBeacon has a dedicated claims department readily available if needed to manage any claim that may arise under the completion bond. The UniFi team will help get any completion bond claims timely and properly processed, adjusted and paid.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

11. Primary Obligations, Risks and Exposures
Complete and deliver the bonded production on-budget
Complete and deliver the bonded production to principal distributors by contracted delivery date(s)
Ensure the bonded production adheres approved screenplay and other specifications including running time, MPAA rating, essential elements (key cast or crew members who must perform in film)
Properly adjust and pay any claims arising under the completion bond
Arbitrate any delivery disputes
Risks and Exposures:
Bonded production cannot be completed and is abandoned
Bonded production is completed but will not be timely or properly delivered
Additional production oversight and/or funding is needed to avoid or reduce risk of abandonment or delivery failure
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

12. Exclusions & Insurance Coverages
Customary Exclusions:
Liability resulting from certain events including chain of title defects, foreign currency exchange risk, war, nuclear disaster, insurrection, and terrorism are not covered by the completion bond
Customary exclusions can be found in our sample form Completion Guaranty that can be downloaded at
Basic Insurance Coverages:
As a prerequisite to issuance of the completion bond, the Producer is required to obtain and maintain certain insurance for the bonded production including errors and omissions; general liability, worker’s compensation, and motion picture production package insurance including coverages for cast, negative and faulty stock, sets and props, hired and non-hired automobiles
Mandatory insurance coverages can be found in our sample form Basic Insurance Coverages that can be downloaded at
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

13. Alternative Products and Services
SIR-Completion Bonds: This form of completion bond is similar to a traditional completion bond. However, a certain amount (the self-insured retention or SIR) must be paid (in addition to all other budgeted cost items including a standard contingency allowance) before the completion guarantor will respond to a loss. The SIR amount usually ranges between 5%-20% of the total 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 considerably lower than that for a similar traditional completion bond. IdentiFi: A program 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 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: A program for 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. UniFi’s 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.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

14. Why Choose UniFi?
The following checklist gives you a heads-up on several factors to consider when choosing a bond company.
☐ Does your bond company provide unparalleled service at competitive prices? Will it be responsive to your needs? Is it versatile and able to customize its service and support to meet your unique requirements?
☐ Is your bond company available 24/7 to troubleshoot any unusual or challenging conditions whenever and wherever they may arise?
☐ Is your bond company an admitted, licensed insurance company? Is it subject to periodic financial examination by regulators to verify it is in good economic standing and has the financial ability to pay claims? Is your bond company subject to insurance laws and regulations? Do the terms and conditions of its completion bond and other agreements comply with insurance laws and regulations?
☐ Has your bond company received an “A” (excellent) rating from A.M. Best, the company recognized worldwide as the benchmark for assessing insurers’ financial strength?
☐ Will your bond company take responsibility for non-payment by its reinsurers or will you need to pore over the financial strength ratings of numerous reinsurance companies?
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

15. ☐ Will financiers and investors be placed in direct contractual privity with a financially strong, licensed insurance company or will they need to separately resolve and enforce claims through multiple actions, in various jurisdictions against multiple reinsurers?
☐ Will you have recourse to bring complaints to the Department of Insurance to help resolve any disputes?
☐ Is your bond company approved by the major production lending banks, financiers, and investors?
☐ Does your bond company’s staff have long-standing industry relationships and offer exceptional service and support? Will all your productions be assigned to the same Production and Business Affairs executives to foster communication, trust, and expediency?
☐ Does your bond company’s staff work as a team enabling you to benefit from their collective knowledge, expertise, and experience? Does its Production staff have line-producing skill and experience? Does its Business Affairs staff have familiarity with the financing structure for your production?  
☐ Will your bond company make the bonding process fast and easy? Will it use existing agreements and documents as precedent to help simplify, streamline and expedite the bonding process? Will it be able to quickly close your financing before your start date?
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

16. ☐ Does your bond company have the financial strength and capacity to fully protect and secure your film finances? Has its staff previously bonded productions with similar budgets? Do they have the experience, knowledge, and skill to assist you in managing and completing even the most challenging scenes and complex visual effects?
☐ Does your bond company have global reach? Will its staff have the expertise, knowledge, and experience to service and support you wherever you decide to shoot and post your production? Will it be able to provide assistance to ensure your production is timely and properly delivered to distributors throughout the world?
☐ Will your bond company stay involved and pay attention during all phases of production, post-production, and delivery or are they too busy or pre-occupied handling projects for others?
☐ Is your bond company proactive and willing to work with you to find sensible, collaborative solutions to production challenges, not overreacting to or unfairly interfering in production snags?
☐ Will you have access to a dedicated claims department with the expertise and experience to help get any bond claims timely and properly processed, adjusted and paid?
Choosing UniFi will tick all the boxes. We offer the most value in terms of combined experience, knowledge, relationships, financial strength and protection, and pricing.
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved. 16

17. UniFi Advantages
Expert staff including production team with line-producing experience
Able to customize service and support to meet each customer’s unique requirements
Underwriting and monitoring by well known and respected management team with proven track record of long-term success
Global reach with ability to service and support productions wherever principal photography or post-production occurs
Puts bond beneficiaries (policyholders) in direct contractual privity with licensed insurance carrier with exceptional financial strength rating and capacity
Exceptional underwriting and loss control expertise
Close and long-term relationships with entertainment banks, financiers, investors, law firms, accounting firms, insurance brokers and agents
Approved by the major production lending banks, financiers, and investors
Continuous and diligent production monitoring and oversight with expertise, experience, and skill to manage and supervise challenging conditions
Takes responsibility for 100% of any bond losses and assumes the credit risk of all its reinsurers eliminating the need for cut-through endorsements
Supported by OneBeacon Insurance Group, which provides superior financial strength and ratings
Outstanding underwriting capacity, which allows bonding film and television productions of all budget sizes
Able to service manufacture and shipping of delivery materials to distributors throughout the world
Dedicated claims department with the expertise and experience to properly investigate, adjust, and settle any claims
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved.

18. Contact Us
There are answers to frequently asked questions on our website at Please contact us if you have any questions, require assistance or need any additional information or documents:
Website:
Telephone: / WeUniFi
Facsimile:
Postal Address: UniFi Completion Guarantors
22287 Mulholland Highway, #367
Calabasas, CA
Mailing Address: UniFi Completion Guarantors
17552 Osborne Street
Sherwood Forest, CA 91325
© 2018 UniFi Completion Guaranty Insurance Solutions, Inc. All Rights Reserved. 18