28-09-2017 23:17 via insuranceinsider.com

Pen Underwriting secures motor capacity from Zurich

MGA Pen Underwriting said it has secured up to £150mn
($201.1mn) of capacity from Zurich to underwrite hazardous goods
and tanker transportation cover.
Pen said the agreement will run for five years and cover hazardous
goods and environmental motor fleet cover that was previously
branded as Oamps.
Features of the cover include legal liability for damage caused by
spillage or wrongful delivery as a result of driver error or
omission.
Adam Shefras, who is managing director of hazardous goods
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