About Pen underwriting - uk
Pen Underwriting - UK: A Comprehensive Guide to One of the Largest Specialist Insurance Businesses in the UK
Pen Underwriting is a leading specialist insurance business in the United Kingdom, providing bespoke underwriting solutions for brokers and their clients. With over 1900 brokers and more than 500,000 insurance customers trusting Pen Underwriting, it has become one of the most reliable names in the industry.
In this comprehensive guide, we will delve into what makes Pen Underwriting stand out from its competitors. We will explore its history, products and services offered, customer reviews and ratings, as well as its commitment to sustainability.
History
Pen Underwriting was established in 2014 following a merger between two leading underwriters – ACE European Group Limited (now Chubb) and Zurich Insurance Company Ltd. The merger brought together two highly experienced teams with complementary skills to create a new force within the specialist insurance market.
Since then, Pen Underwriting has grown rapidly through strategic acquisitions of other specialist underwriters such as Rural Insurance Group (RIG), e-Underwrite (eUW), and Arista Insurance Limited. These acquisitions have enabled Pen Underwriting to expand its product range while maintaining high levels of service quality.
Products & Services
Pen Underwriting offers a wide range of products across various sectors including property owners' liability insurance; motor fleet; construction; leisure; professional indemnity; cyber liability; marine cargo & hulls; renewable energy among others. Its products are designed to meet specific needs of different industries with tailored coverage options that provide peace-of-mind for businesses.
One unique feature that sets Pen apart from other insurers is their ability to offer bespoke solutions for complex risks that require specialized knowledge or expertise. This means they can provide customized policies that cater specifically to individual client needs rather than offering generic policies which may not be suitable for all clients.
Customer Reviews & Ratings
Pen's commitment towards providing excellent customer service has earned them a reputation as one of the most reliable insurance providers in the UK. Their customer-centric approach has been recognized by industry experts, with Pen Underwriting winning several awards for their services.
According to Trustpilot, a leading online review platform, Pen Underwriting has an excellent rating of 4.6 out of 5 based on over 500 reviews. Customers have praised the company for its efficient claims handling process and personalized service.
Sustainability
Pen Underwriting is committed to sustainability and reducing its environmental impact. The company has implemented various initiatives such as reducing paper usage by digitizing documents and promoting remote working to reduce carbon emissions from commuting.
In addition, Pen Underwriting supports various charitable causes through its corporate social responsibility program. They have partnered with charities such as Mind UK and Cancer Research UK to support mental health awareness campaigns and cancer research respectively.
Conclusion
Pen Underwriting is one of the largest specialist insurance businesses in the UK that offers bespoke underwriting solutions for brokers and their clients across various sectors. With a commitment towards providing excellent customer service, customized policies tailored to individual client needs, sustainability initiatives, and support for charitable causes; it's no wonder why they are trusted by over 1900 brokers and more than 500,000 insurance customers in the United Kingdom.
If you're looking for an insurer that can provide specialized knowledge or expertise on complex risks while maintaining high levels of service quality; then look no further than Pen Underwriting - UK!
penunderwriting.co.uk
