Pen reveals further management changes


Tom Downey’s promotion to chief executive officer of Pen Underwriting has resulted in two other members of Pen’s leadership team assuming new executive-level responsibilities. 

Downey is taking over the leadership of the £500m GWP underwriting business from current CEO Jonathan Turner.  

The move will see Downey — who joined Pen Underwriting as managing director of specialty in 2014 before being appointed chief underwriting officer in 2017 — assume full day-to-day management of Pen and its 350

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