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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 Excess of Loss ROI Specialist Liability TMS 112024

Pen Underwriting Excess of Loss UK Specialist Liability TMS 112024

Pen Underwriting Northern Ireland solicitors professional indemnity excess infill TMS 112024

Pen Underwriting Primary UK Specialist Liability TMS 112024

Pen Underwriting Primary ROI Specialist Liability TMS 112024

Pen Underwriting UK employers public and products liability sold with professional indemnity TMS 112

Pen Underwriting UK Specialist Liability TMS 112024

MUM Casualty FVA 112024

MUM Contractors All Risks FVA 112024

Pen Underwriting Distributed CAR UK Casualty 11.2024

Pen Underwriting Distributed CAR ROI Casualty 11.2024

Pen Underwriting Distributed UK Management Liability 11.2024

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