Pen Underwriting makes a strategic decision with a new COO

Hannah Fry will assume the role of Chief Operating Officer (COO) at Pen Underwriting, a subsidiary of Arthur J. Gallagher, starting January 6, 2025. In this position, she will not only be part of the leadership team of the insurance company, which specializes in multiple classes and regions, but also play a crucial role in further developing Pen Underwriting's operational capabilities to achieve strategic business orientation and growth goals. Fry's 25 years of experience in the insurance sector speak for themselves. Most recently, she served as Operations Director for Gallagher's SME & Personal Lines Division in the United Kingdom. She has held this position since the acquisition of Stackhouse Poland in 2019. Fry's career began at Stackhouse 18 years ago, where she advanced from Corporate Account Handler to Director of Risk, Compliance, and Central Operations. Pen Underwriting CEO Tom Downey expressed anticipation about welcoming Hannah Fry into the company's leadership team in the new year. Her appointment is currently subject to regulatory approval. "This key role will be crucial as we push forward our ambitious growth plans," said Downey. Fry herself commented on her new role with enthusiasm: "Given Pen's investments, expansions, and diversifications, this is the perfect time to become part of the leadership team as the focus shifts to the next phase of strategic growth. This opportunity to work with a passionate and high-performing team is unique, especially in a company that is strongly invigorated by its 'One Pen' culture." Pen Underwriting, which recently announced its participation in Flood Re's Build Back Better program, continues to commit to improving flood resilience for property owners.