Product Governance

Target market statements will help you understand who each product is intended for, and who it’s not suitable for, based on our analysis. Our teams have created clear and concise fair value assessments for each of the Pen Underwriting products, so you can see our assessment of the value for your clients.

Please be aware that our target market statements (TMS) and fair value assessments (FVA) are intended to be used by insurance brokers, and are not meant to be shared with policyholders.

If you can’t see a target market statement or fair value assessment, or if any detail is unclear, you are required to notify us.  Please get in touch at agency.uk@penunderwriting.com.

Pen Underwriting Corporate Benefits Leisure Travel TMS 112024

Pen Underwriting Corporate Benefits PA TMS 112024

Pen Underwriting Corporate Leisure Travel FVA 112024

Pen Underwriting Corporate PA and Business Travel TMS 112024

Pen Underwriting Corporate Personal Accident and or Business Travel FVA 112024

Pen Underwriting Corporate Personal Accident FVA 112024

Pen Underwriting Distributed Athletic Club AIG 11.2024

Pen Underwriting Distributed Corporate PA and Travel AIG 11.2024

Pen Underwriting Distributed Personal Accident (Sole Trader) AIG 11.2024