November 12, 2019
Pen Underwriting announced the promotion of Michelle Bree as chief operating officer (COO), effective 1 December 2019. She will also join the board of Pen underwriting limited, subject to regulatory approval.
Bree joined Pen Underwriting in 2015 from Accenture as a programme manager where she had a specialist focus on change management within insurance and completed a series of complex project delivery roles.
She was most recently appointed director of operations at Pen in July 2018 and became part of the executive leadership team.
In her new role, Bree will be responsible for ensuring the business has the operational capabilities in place to deliver its business strategy, plan and growth ambitions as a Virtual Insurer.
Jonathan Turner, CEO of Pen Underwriting, said: “Michelle joined us at the beginning of Pen Underwriting’s journey to transform itself from multiple specialist MGAs into one cohesive, multi-class, multi-territory virtual insurer and no one has been as wholly focused and integral to successfully executing that programme of change and integration as she has. Michelle’s strategic vision, track record in translating operational objectives into actionable plans and ability to lead teams to deliver complex and large-scale projects is second to none. I’m confident Michelle will make an excellent COO as well as being a valuable addition to the board.”