MUM the ideal complementary buy, says Pen boss Tom Downey
Pen Underwriting has bought Manchester Underwriting Management for an undisclosed sum adding 50 staff and over £60m of gross written premium to the Gallagher-owned managing general agent.
Founded in 2010 MUM, based across five locations in the UK, is primarily focused on SME business with its specialisms in professional indemnity, management liability and casualty.
Pen Underwriting
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