Pen Underwriting doubles SME cyber cover limit and brings claims in-house to unify customer journey All News
• Latest enhancements to Pen’s UK cyber offering see main cover limit doubled to £10 million & insourced all UK cyber claims
All News
Pen Underwriting continues investment in marine specialisms with enhancements to yacht capacity All News
Our specialist marine team, Vessel Protect, has announced a 50% increase in its yacht hull capacity, up to USD / EUR 15 million on a worldwide basis. This increased cover gives our underwriting teams, and our brokers, even greater flexibility and scope to support their clients.
Pen Underwriting agrees major new consortium backing for its non-standard home specialism All News
The new multi-year deal with strategic partners Zurich and Hiscox will support Pen’s specialist property insurance practice – which provides cover for a large mid-net worth portfolio as well as homes with unusual features or occupancy that are difficult to place within a standard market – with effect from 1 April 2026.
Pen Underwriting expands professional indemnity appetite to larger more complex risks with launch into mid-market All News
New PI offering for medium-to-large firms is backed by new panel of A-rated capacity partners to complement Pen’s existing SME professional indemnity specialism. The launch is designed to make it easier for all brokers, wherever they are based, to place larger PI risks with single specialist insurance provider.