Product Governance
Target market statements will help you understand who each product is intended for, and who it’s not suitable for, based on our analysis. Our teams have created clear and concise fair value assessments for each of the Pen Underwriting products, so you can see our assessment of the value for your clients.
Please be aware that our target market statements (TMS) and fair value assessments (FVA) are intended to be used by insurance brokers, and are not meant to be shared with policyholders.
If you can’t see a target market statement or fair value assessment, or if any detail is unclear, you are required to notify us. Please get in touch at agency.uk@penunderwriting.com.
Pen Underwriting BMM ports and terminals TMS 112024
Pen Underwriting Trafalgar Marine Trades commercial combined TMS 112024
Pen Underwriting Trafalgar Marine Trades FVA 112024
Pen Underwriting Trafalgar Marine Trades marinas TMS 112024
Pen Underwriting Trafalgar Marine Trades oil and gas TMS 112024
TMT Marine Professional Indemnity TMS 112024
TMT Trafalgar Marine Trades FVA 112024
