MUM founder Charles Manchester to retire from Pen
Charles Manchester, founder of Manchester Underwriting Management, is retiring from the business this month, Insurance Age can reveal.
Gallagher-owned Pen Underwriting bought MUM in 2021.
Established in 2010, it had grown to 50 staff, in five UK locations, at the time of the sale. It was generating more than £60m in gross written premium focusing on SME business and specialising in professional indemnity and management liability lines as well as casualty.
On 1 August 2023, Pen separated out its international & financial lines division, creating a standalone UK financial lines and specialist liability arm.
ChairManchester, picture
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Axa makes triple May moves
Axa Insurance UK’s partnership with Commercial Express has gone live, as the insurer also enhanced its risk management proposition for fleets and rolled out a 24/7 commercial motor claims reporting service.
Allianz passes cyber to Coalition
Allianz has signed a global deal to move its commercial cyber insurance business to Coalition.
Covéa promotes Long to COO
Covéa Insurance has promoted Stephen Long to chief operating officer in the latest of a series of personnel changes at the insurer.
Home insurance premiums tick down in Q1 – ABI
Household property premiums fell in the first quarter of the year, the fourth drop in a row according to the Association of British Insurers.
Biba recruits ‘great match’ Maxwell as Northern regional manager
The British Insurance Brokers’ Association has appointed Lesley Maxwell as regional manager for the North.
UGL unveils Zurich-backed landlords product
Midas, part of Uris Group, has launched a residential landlords proposition Midas Let Property.
FCA launches probe of claims management companies
The Financial Conduct Authority has launched a market review over worries that consumers are being failed by some claims management companies and law firms.
Biba 2026 Countdown: Aviva’s Michael Yabantu
Michael Yabantu, managing director of mid-market at Aviva, is keen to talk to brokers to work together to address the protection gap for customers and hints that the insurer’s Wednesday night event might have an element of Madness to it.