Pen Underwriting appoints chief operating officer

MGA Pen Underwriting has promoted Michelle Bree to the role of chief operating officer, with effect from 1 December 2019. Bree will also be joining the Board of Pen Underwriting Limited, subject to regulatory approval.

Bree joined Pen Underwriting as a programme manager at the beginning of 2015 from Accenture, where she specialised in change-management in the insurance industry and completed a series of complex project delivery roles over a six-year period. Most recently she was appointed director of operations at Pen, in July 2018, when she became part of the executive leadership team — having spent three years leading Pen’s integration and operational transformation, bringing together 12 MGAs into the single, cohesive ‘one Pen’ business it is today.

As chief operating officer, Bree will be responsible for ensuring Pen has the operational capabilities in place to deliver on its business strategy, plan and growth ambitions as a Virtual Insurer.

Jonathan Turner, CEO of Pen Underwriting, said: “Michelle joined us at the beginning of Pen Underwriting’s journey to transform itself from multiple specialist MGAs into one cohesive, multi-class, multi-territory virtual insurer and no one has been as wholly focused and integral to successfully executing that programme of change and integration as she has.

"Michelle’s strategic vision, track record in translating operational objectives into actionable plans and ability to lead teams to deliver complex and large-scale projects is second to none. I’m confident Michelle will make an excellent COO as well as being a valuable addition to the board.”

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