OIM rebrands to Pen Underwriting
Expanded group creates £500m business.
OIM Underwriting has been rebranded and become part of Pen Underwriting creating a £500m gross written premium business, Insurance Age can reveal.
Pen Underwriting said the move, which was first flagged in May, creates a single cohesive business offering e-traded, delegated and individually underwritten solutions all under one roof.
It added the teams from OIM Underwriting, a delegated authority specialist, will be split into three areas.
Grow
They are household, commercial and international with
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