Product Governance
Professional Indemnity UK
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.
2025/26
Pen TMS_FVA Excess of Loss – Professional Indemnity 2025
Pen TMS_FVA Solicitors PI (Council for Licensed Conveyancers) 2025
MUM TMS_FVA Architects and Engineers PI 2025
MUM TMS_FVA Accountants PI 2025
MUM TMS_FVA Design & Construction PI 2025
MUM TMS_FVA Surveyors & Estate Agents PI 2025
MUM TMS_FVA Infills (Northern Ireland Solicitors) 2025
MUM TMS_FVA Miscellaneous Professions PI 2025
MUM TMS_FVA IT Consultants PI 2025
MUM TMS_FVA UK PI Liabilities 2025
MUM TMS_FVA Insurance Brokers PI 2025
Pen TMS_FVA Solicitors PI 2025
2024/25
Pen Underwriting UK professional indemnity media TMS 112024
Pen Underwriting UK professional indemnity solicitors TMS 112024
Pen Underwriting UK professional indemnity solicitors FVA 112024
Pen Underwriting Distributed Technology PI Combined TMS 112024
