Pen Underwriting continues marine M&A with Fender Marine acquisition
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Pen Underwriting continues marine M&A with Fender Marine acquisition

Samuel Casey
06 July 2023
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Pen Underwriting has bought Norwegian marine MGA Fender Marine for an undisclosed sum in its latest marine acquisition.

Fender Marine was founded in 2005 and specialises in marine hull, P&I for smaller fleets, yachts, cargo and subsea equipment coverage, generating gross written premiums (GWP) of £14mn.

The

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News MGAs/MGUs Marine AJ Gallagher
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Samuel Casey
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