Pen Underwriting in talks to buy Vessel Protect owner Tay River Holdings
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Pen Underwriting in talks to buy Vessel Protect owner Tay River Holdings

Samuel Casey
16 March 2023
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AJ Gallagher-owned Pen Underwriting is in advanced talks to acquire Tay River Holdings, the parent company of five MGAs, including marine war specialist Vessel Protect.

In addition to Vessel Protect, Tay River Holdings owns MGAs Trafalgar Marine Trades, BMM Ports & Terminals, Freeboard Maritime and Fortify Marine.

Pen

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NewsMarineM&AAJ Gallagher
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Samuel Casey
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