Pen Underwriting has hired Dan Hydleman (pictured above) as specialist technology underwriter, based in Leeds.
Hydleman will report to Tom Dixon, head of technology, who joined the company in September to spearhead the development of Pen’s technology business and build out a comprehensive professional indemnity-led portfolio.
Pen said that Hydleman’s appointment helps meet growing demand for insurance to support the rapid rise of the technology sector in the UK. Pen’s PI-led portfolio covers companies ranging from software developers, internet service providers and GDPR consultants to specialists in blockchain, artificial intelligence and data analytics.
Hydleman was most recently with Hiscox, where he was an underwriter specialising in technology since 2019, with experience in direct-to-consumer channels, e-trade capabilities, and a focus on the customer journey.
“Dan is a talented and ambitious underwriter who is keen to carve out and build on his existing specialism in the tech sector,” Dixon said. “He brings exactly the right kind of energy, technical skills, and a laser-like focus on the customer experience, at a time when giving brokers a quick turnaround, access to expertise and delivering a first-class service rightly remain the number one game in town.
“Dan’s experience of the fast-evolving and complex risk needs of a growing breed of tech sector companies, coupled with an understanding of how a tech sector book needs to be run and managed profitably, will be invaluable as we continue to grow sustainably but at pace in this rapidly expanding area,” Dixon said. “It’s also great to be investing in underwriting talent outside of London, to provide on-the-ground technical expertise for our regional brokers as required.”