Product Governance
Professional Indemnity UK
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 9FVA) 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.
2025/26
Pen TMS_FVA Excess of Loss – Professional Indemnity 2025
Pen TMS_FVA Solicitors PI (Council for Licensed Conveyancers) 2025
2024/25
Pen Underwriting UK professional indemnity accountant TMS 112024
Pen Underwriting UK professional indemnity architects engineers TMS 112024
Pen Underwriting UK professional indemnity design and construction TMS 112024
Pen Underwriting UK professional indemnity insurance brokers TMS 112024
Pen Underwriting UK professional indemnity IT consultants TMS 112024
Pen Underwriting UK professional indemnity media TMS 112024
Pen Underwriting UK professional indemnity miscellaneous TMS 112024
Pen Underwriting UK professional indemnity solicitors TMS 112024
Pen Underwriting UK professional indemnity solicitors FVA 112024
Pen Underwriting UK professional indemnity surveyors and valuers TMS 112024
Pen Underwriting Distributed Technology PI Combined TMS 112024
MUM UK Professional Indemnity FVA 112024
