Pen Underwriting enters marine specialty market with acquisition

Ben NorrisApril 3, 2023
Smoke exhaust gas emissions from cargo lagre ship ,Marine diesel enginse exhaust gas from combustion.
Credit: Shutterstock/GreenOak

MGA Pen Underwriting has bought Tay River Holdings and its specialty marine subsidiaries Vessel Protect, Trafalgar Marine Trades and BMM Ports & Terminals for an undisclosed fee.

Tay was established in 2020 and now gen...

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Ben NorrisApril 3, 2023
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