Pen Underwriting partners with both Lloyd’s of London and local Australian markets to provide our broker clients with the best access to insurance products around the world.Each quote we provide to you will full details of the security being used.Some of our partners include:
Lloyd´s of London
Lloyd’s is the world’s best know insurance brand. It is not an insurance company but a society of members, both corporate and individual, who underwrite in syndicates on whose behalf professional underwriters accept risk.Lloyd’s is a major general insurer in Australia, and is an authorised insurer under the provisions of the Australian Insurance Act. Lloyd’s syndicates have approximately $1 billion placed in trust in Australia, purely to act as an additional layer of security to pay claims. Lloyd’s is recognised by leading independent international rating agency Standard & Poor’s, who rate Lloyd’s “A+” (Strong).For more information on Lloyd’s, please visit www.lloyds.com
Swiss Re International
Swiss Re International (ABN 38 138 873 211) is licensed by the Australian Prudential Regulatory Authority.Swiss Re is one of the world’s leading and most diversified global reinsurers. The company operates through offices in more than 25 countries. Founded in Zurich, Switzerland in 1863, Swiss Re offers financial services products that enable the risk-taking essential to enterprise and progress. The company’s traditional reinsurance products and related services for property and casualty, as well as for the life and health business are complemented by insurance based corporate finance solutions and supplementary services for comprehensive risk management.For more information on Swiss Re, please visit www.swissre.com
Great Lakes Australia
Effective 30 December 2016, the insurer, Great Lakes Reinsurance (UK) SE has transferred its registered office from the United Kingdom and become a limited liability company incorporated in Germany. Its name has changed to Great Lakes Insurance SE.
Other details, such as the insurer’s trading name (Great Lakes Australia), contact details, the terms, conditions, exclusions and limitations as set out in your policy wording (including our obligations under the relevant insurance contract(s) with you) are unaffected by the changes.
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