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Pen Underwriting announces a series of key leadership appointments

September 29, 2020

Managing general agent, Pen Underwriting has announced a series of newly created roles and leadership appointments, all roles effective 1 November 2020.

Stewart Gardiner has been appointed as technical underwriting director spanning all lines of business and all divisions. He previously served as underwriting director of Pen’s Risk Managed Commercial business.

Gardiner will report to Jennifer Martin, chief underwriting officer.

In Pen’s Specialty division, Seb Simmonds has been appointed managing director of Risk Managed Commercial.

He previously served as managing director of Commercial Delegates Solutions and will now take on responsibility for the overall performance of Risk Managed Commercial.

Additionally, supporting Seb will be regional director Rob Chapman, who will become commercial director of risk managed commercial, another newly created position. In his new role, he will be responsible for trading performance, supporting capacity relationships, the broker panel, collaboration with sales and marketing and operational efficiency.

Martin said: “The introduction of this new leadership position underlines the absolute importance we place on integrity and professionalism within the discipline of underwriting. Stewart’s cross-class expertise combined with his extensive market and technical underwriting knowledge will see him excel in this role. His market reputation, first-rate trading skills and sound understanding of the required governance structure for an underwriting business of our size and scale also place him brilliantly in this position.”

Steve Thornett, managing director of the Specialty division, said: “Our Risk Managed Commercial business is a core part of Pen’s differentiated proposition for brokers and will be a massive contributor to the successful delivery of our ambitious plans for accelerated growth to become a £1bn business. With Seb and Rob at the helm we know the performance and future expansion of this business is assured.”