Pen promotes Tom Downey to CUO role

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Downey's promotion also sees two other members of Pen’s leadership team start executive-level responsibility from 1 October.

Pen Underwriting has appointed Tom Downey as chief underwriting officer with effect from 1 October.

Downey will be responsible for underwriting, capacity management, pricing, analytics, risk & governance, claims and marketing across all of Pen’s trading divisions.

He has been part of Pen Underwriting’s executive team and managing director of specialty since 2014.

Downey joined the business after a 25-year career with RSA where he was responsible for shaping the strategy of and managing its

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