February 28, 2025
Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities. With immediate effect, Pen’s …
February 11, 2025
Pen Underwriting, the London-based managing general agent, announced a simplified divisional structure to bring together core commercial underwriting capabilities and expertise across the UK and Ireland. Under the central leadership of Sarah Breslin as managing director of the new Commercial …
October 21, 2024
Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and introduce a significantly broader risk …
October 1, 2024
This edition of International People Moves details appointments at Liberty Specialty Markets, the MGA Pen Underwriting, and Lloyd’s syndicate, AEGIS London. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson to CUO, UK & MENA Regions, …
July 3, 2024
Yemen’s Houthis are sending drone boats packed with explosives into the Red Sea as they intensify their attacks on merchant ships that have little defense against the “sophisticated shift” in tactic, maritime security sources say. Iran-aligned Houthi militants first launched …
May 28, 2024
This edition of International People Moves details appointments at Blenheim Underwriting’s Syndicate 5886 and the MGA Pen Underwriting. A summary of these new hires follows here. Blenheim Syndicate 5886 Taps Barber From Fortegra as Sr. Liability Treaty U/W Blenheim Underwriting …
December 20, 2023
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an area that’s pivotal to global …
December 18, 2023
London’s marine insurance market has widened the area in the Red Sea it deems as high risk after a surge in attacks on commercial ships, according to a statement issued on Monday. Guidance from the Joint War Committee (JWC), which …
August 1, 2023
Pen Underwriting, the London-based managing general agent and Gallagher subsidiary, announced changes to its divisional structure to bring together core underwriting capabilities and expertise, for the benefit of its brokers. As of Aug. 1, Pen is separating its International & …
April 3, 2023
Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced it has acquired Tay River Holdings Ltd., which include its wholly owned marine specialist subsidiaries Vessel Protect, Trafalgar Marine Trades and BMM Ports & Terminals for an …