Pen Underwriting extends marine trades expertise

Published On : 01 Oct 2024

Pen Underwriting’s marine business specialist, Trafalgar Marine Trades (TMT), is continuing its investment in broker service capabilities and ready access to experienced, empowered underwriters with the appointment of Emma Colbourn. Emma will join as UK Senior Marine Trades Underwriter on Tuesday 8 October.

Bringing more than 25 years’ marine insurance experience and specialist knowledge, Emma joins from Geo Underwriting Services where she has been Marine Trade Underwriting Manager for the past four years. Prior to this, she carried out a similar role at KGM Underwriting Services. Emma will focus on the UK marine trades market, as part of a highly experienced underwriting team that looks after the risk and insurance requirements of marine businesses around the world.

Working closely with Pen’s dedicated business development team and broker clients, Emma will build out the book by providing flexible and bespoke solutions that meet the needs of marine trades be they boat builders, repairers, suppliers, equipment manufacturers, clubs or marinas. Her remit will also cover ongoing product development and systems development to further enhance the speed and efficiency of the customer journey.

Paul Hartley, Co-Managing Director of Marine at Pen, said: “When it comes to detailed knowledge of the diverse risks and specialist insurance needs of UK marine businesses, Emma is one of the most skilled and experienced underwriters that brokers could turn to. From boat builders to repair yards, marinas to sailing clubs, and marine equipment manufacturers to chandlers, she really understands the breadth of property and liability exposures that these businesses face and the risks they need to mitigate and manage.

“Having Emma join the leadership team at TMT to focus on the significant growth potential in the UK market will also enable fellow senior underwriters James King and Stephen Loader to dedicate their expertise to growing our marine trades business across Europe and the rest of world respectively.

“Quality service requires responsiveness, and that demands investment in empowered underwriters as well as digital enablement in fast-growing businesses like ours. We know Emma will be a huge asset to the team in continuing our provision of bespoke marine trade risk solutions, driving further product enhancement and ensuring our digital trading platforms amplify our offering. We very much look forward to welcoming Emma into TMT and the wider Pen family.”

Under a single policy, with a single renewal date, Trafalgar Marine Trades – a trading name of Pen Underwriting Limited – can provide a wide range of cover to indemnify the activities being undertaken including material damage, property away from premises, goods in transit, exhibitions, marine equipment, builders risk, business interruption, money, employers’ liability, public, products liability and contractors all risk.