Pen Underwriting ‹ Press Releases

May

2018

Pen Underwriting creates first cornerstone capacity placement as virtual insurer evolution continues

Posted on 10th May 2018 by Mazin Shammas and has No comment

Pen Underwriting has completed the next phase of its strategic development as a virtual insurer by consolidating 15 UK household and SME portfolios into a five-year, £550 million, single quota share arrangement led by Legal & General. This cornerstone placement will provide capacity for £110m of […]

Mar

2018

Pen Underwriting extends dedicated broker support with two key hires

Posted on 12th March 2018 by Mazin Shammas and has No comment

Pen Underwriting today announces two senior appointments to its business development team, to further strengthen its regional and specialist support of UK brokers. Andy Dodd joins as schemes and delegated authority business development manager, while Duncan Green has been appointed senior business development manager for the […]

Nov

2017

Pen Underwriting extends strategic partnership with QBE into Ireland with new capacity deal

Posted on 16th November 2017 by Gavin Warren and has No comment

Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental industries. The new partnership takes effect on the 1 January 2018 offering brokers and […]

Sep

2017

Pen Underwriting appoints Tom Downey as Chief Underwriting Officer

Posted on 15th September 2017 by Gavin Warren and has No comment

Pen Underwriting today announces Tom Downey has been appointed as Chief Underwriting Officer with effect from 1 October 2017. In his new role, Tom will assume responsibility for underwriting, capacity management, pricing, analytics, risk & governance, claims and marketing across all of Pen’s trading divisions. Tom […]

Jun

2017

Pen Underwriting unveils enhanced specialist proposition for construction market

Posted on 23rd June 2017 by Gavin Warren and has No comment

Pen Underwriting has responded to the need for a more comprehensive, flexible offering to address the wide-ranging complex risk exposures faced by today’s construction industry with the launch of a new modular product. Backed by A-rated capacity from specialist insurer CNA Hardy, the new single wording, […]

Apr

2017

Pen Underwriting enters strategic partnership with Markel in support of equestrian sector

Posted on 26th April 2017 by Gavin Warren and has No comment

Pen Underwriting today announces a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the equestrian market and drive product innovation in the sector. Markel is an established and leading name in equine insurance and has provided coverage for horse and […]

Apr

2017

Pen Underwriting appoints Jason Wilson as Regional Director for the South East & Head of SME

Posted on 25th April 2017 by Gavin Warren and has No comment

Pen Underwriting today announces that Jason Wilson has been appointed Regional Director for London & the South East and Head of SME in its Commercial division. The role will see him lead both the strategic direction and expansion of Pen’s proposition for small to medium-sized businesses, […]

Jan

2017

Recruitment agencies to benefit from enhanced cover and claims proposition from Pen Underwriting

Posted on 5th January 2017 by Gavin Warren and has No comment

Pen Underwriting has responded to the evolving risk environment facing UK recruitment agencies with a full-scale overhaul and relaunch of its recruitment proposition. Backed by Chubb’s AA-rated security in a five-year exclusive UK capacity deal, Pen Recruitment has moved from a modular format to a master […]

Nov

2016

Pen Underwriting expands technical underwriting expertise in the Midlands with senior hire

Posted on 28th November 2016 by Gavin Warren and has No comment

Pen Underwriting has appointed James Palmer as Senior Underwriter to work in a regional development capacity, operating out of its Birmingham branch. James will work within its risk management-led commercial business and focus on driving growth through underwriting new business with Pen’s select panel of Midlands-based […]