New strategic partnership with Markel
Published On : 05 May 2017
The equestrian market presents unique risks and challenges which demand a tailored response. By joining forces with Markel International we aim to introduce an increasingly innovative offering to our coverholders.
Markel is an established and leading name in equine insurance and has provided coverage for horse and horse related risks for over 50 years.
The agreement will see Markel provide expertise and capacity for up to £25m in premiums over the next three years for our products, which are tailored to meet the needs of the different segments of the equestrian market, and distributed through our specialist partner delegated authority arrangements.
The equestrian market presents unique risks and challenges due to the diversity of activities undertaken in the different disciplines and Pen’s underwriters have deep knowledge of everything from eventing and happy hackers, to trade associations and local riding clubs.
By joining forces with Markel and leveraging our collective expertise, we aim to introduce an increasingly innovative offering to our coverholders - all of whom are equestrian specialists in their own right — and benefit our end customers with their diverse and changing needs.
For more information about what we can offer, contact Seb.Simmonds@penunderwriting.com