"Expanding our panel with Pen Underwriting broadens our risk appetite and underwriting capability."
- Jonathan Pinkerton - Source Insurance
Source Insurance has added non-standard home specialist Pen Underwriting to its Source Home insurer panel, continuing a longstanding partnership.
According to Source, Pen’s inclusion on the panel expands its underwriting depth across diverse property types and risk profiles, including flood-exposed homes due to Pen’s Flood Re capability, as well as its dedicated team focused on insuring non-standard homes and homeowners.
The increased capacity aims to help advisers place both standard and complex risks with greater flexibility when quoting through Source Insurance.
"Our strategy is centred on making it easier for advisers to place GI business with confidence," Jonathan Pinkerton, finance and insurer relationship director at Source Insurance, said.
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"Expanding our panel with Pen Underwriting broadens our risk appetite and underwriting capability, including more support for flood-exposed properties where appropriate. This strengthens our overall proposition and reinforces our commitment to sustainable growth and adviser support."
Leo Downes, head of household and personal lines at Pen Underwriting, added: "Source Insurance shares Pen’s focus on making the specialist available as standard, through effective partner collaboration.
"With the rising demand for specialist home insurance, we’re delighted to be bringing our comprehensive cover options including Flood Re capability to even more customers with non-standard needs through Source’s network of trusted advisers."
