By Michael Jones
Feb 5 - (The Insurer) - Pen Underwriting has combined its UK and Ireland commercial underwriting teams under the leadership of Sarah Breslin.
Breslin will serve as managing director of the newly combined UK and Ireland commercial division.
Pen said the change followed its geographic expansion into Ireland in 2024 through the acquisition of Wrightway Underwriting.
Breslin has spent four years at Pen, including as its CFO.
She previously spent 12 years at Gallagher following stints at Baring Asset Management, Deutsche Bank and PwC.
Pen said all product and regional leads within the UK and Ireland commercial division remain unchanged.
The Gallagher-owned MGA will now have four trading divisions: commercial – UK and Ireland; SME and personal lines; international; and public sector.
In its announcement, Pen also confirmed that UK financial lines and specialty liability managing director Richard Webb had decided to retire from the industry.
The MGA said he would leave later this year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.