pen-underwriting
24 August 2023Insurance

Gallagher’s Pen secures £100m capacity deal in ‘challenging’ market

London-based managing general agent (MGA)  Pen Underwriting, a subsidiary of re/insurance broker Gallagher, has secured a new £100 million capacity deal for solicitors’ professional indemnity (PI), which it says “at times has been a turbulent market”.

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14 November 2023   It says the demand for IP insurance is expected to grow as risks and exposure are increasing
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28 July 2023   The MGA says the move is part of its growth and diversification strategy.
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