Pen Underwriting creates standalone financial lines unit
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Pen Underwriting creates standalone financial lines unit

Pen Underwriting-2023.png

Gallagher-owned Pen Underwriting is to separate out its international and financial lines operations, creating a standalone UK financial lines and specialist liability division.

The MGA has appointed Richard Webb as managing director of the division and, as a result, he will join Pen’s executive committee.

Webb

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