The journey to Pen
Back in 2014, Pen was formed out of 12 leading underwriting businesses - creating a single company offering underwriting with a difference. This was the start of the Pen story.
We knew we could deliver something unique that the market hadn’t seen before but we also understood that it wasn't necessary to reinvent the wheel, which is why we offer the traditional values that brokers expect – support, expertise and outstanding service.
Today, if Pen were an insurer we’d be a top 20 UK insurance company by GWP*. With over 60 products, over 350 employees and 11 locations – we are the second largest managing general agent (MGA) in the UK.
United, Pen is greater than the parts from which we were built - although many of our founding businesses were market leaders and experts in their field. The emergence of a “One Pen” culture means we have grown, developed and built from a stable base, and our size means we have critical mass and the ability to invest in our business.
We have a clear vision for the future, in which we want to be the MGA against which all other MGA and distribution businesses measure themselves.
*In terms of GWP compared to other non-life insurers.