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Pen Underwriting introduces new head of cyber

Pen Underwriting introduces new head of cyber | Insurance Business

Pen Underwriting introduces new head of cyber

MGA Pen Underwriting has turned to one of its own to fill the position of head of cyber.

With Adrian Scott having moved into the managing director of international and financial lines role back in February, Hamir Patel (pictured) will now move into the role having previously been head of insight and reserving.

Patel has been with the company for four years having enjoyed previous stints at the likes of Allianz, AIG and Deloitte and Scott believes he is the right man to fill his shoes.

“During his time with Pen, Hamir has shown himself to be a strong leader, excellent communicator and first-class manager of people,” Scott said. “These qualities, alongside his technical insurance expertise and commercial acumen, stand him in great stead for taking the reins in what remains a key growth area for Pen.

“Our dedicated cyber practice – where the speed, efficiency and flexibility of our instant, intuitive, online quote & bind facility on Pen Central is driven and underpinned by our team of experienced specialist underwriters – continues to see strong broker demand. Hamir’s analytical mind and management strengths will ensure Pen presses on with devising and delivering cutting-edge developments to protect the fast-evolving digital risks of businesses. And it’s great to be able to once again turn to our internal ranks of talent to fill a strategic leadership position.”

Patel himself believes cyber risk may be the most “dynamic” area of underwriting.

“I’m really looking forward to building on the fantastic foundations laid by Adrian with our team of cyber specialists, who are firmly focused on finding solutions and ways to transfer risk for our broker partners on behalf of their clients, while ensuring a strong underwriting result for our capacity partners,” he said.