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Pen Underwriting secures capacity deal to write 20% more premium for solicitors’ PI

By 2020-08-03T11:42:00

handshake, money

The £100m deal started on 1 August

MGA Pen Underwriting has secured a £100m multi-year capacity deal for solicitors’ professional indemnity (PI) insurance – this will allow the firm to write 20% more premium in this line annually.

The three-year agreement, backed by A-rated security, begun on 1 August.

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