Pen Underwriting accelerates growth in Ireland with acquisition of Ornella Underwriting Ltd Press Releases
Acquisition of established commercial and personal lines MGA adds circa €70 million GWP, effectively doubling Pen’s presence in Ireland
Press Releases
Pen Underwriting boosts renewable energy underwriting capability with key hire All News
Specialist renewable energy underwriter Petra Votzakis joins Pen as it looks to grow its existing specialism in anaerobic digestion (AD), expand its risk-management led insurance propositions for the waste-to-energy industry and extend into new areas of renewable energy.
Pen Underwriting reinforces long-term thatch and personal leisure commitment with new capacity partnership All News
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.
Pen Underwriting targets continued growth in property owners’ sector with new multi-year capacity deal All News
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.