New multi-year partnership will enable Pen to write £50 million in UK thatched property and leisure risks over the next three years, building on the team’s 25 years’ specialist sector experience at the ‘non-standard end of non-standard’ UK home insurance.
The agreement will enable Pen to write a further £120 million in property owner risks over the next three years via digital trading and manually underwritten policies, with the increased capacity supporting strong growth following enhancements to Pen’s data-driven digital and wider proposition.
The appointment of Dawn Strong as Senior Casualty Underwriter in the UK Construction & Casualty practice completes the latest round of specialist hires as Pen expands its footprint of regionally based underwriters
Underwriter Kane Bryant has joined Pen’s marine war risk and insurance specialist Vessel Protect, whose team of dedicated underwriters offer comprehensive and bespoke coverage for single vessels or large multi-national fleets in what is a high-pressured, ever-changing market.