Pen Underwriting UK has acquired Ornella Underwriting Limited. The deal is completed, according to the source. The acquisition doubles Pen Underwriting UK's Irish insurance operations, the source states. It also expands the buyer's commercial motor, fleet, home and specialty coverage. The amount paid was not disclosed in the source.
Pen Underwriting UK Acquires Ornella Underwriting Limited
Pen Underwriting UK Acquires Ornella Underwriting Limited
AcquisitionFinancial ServicesIE
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Acquired
Ornella Underwriting Limited
IrelandFinancial Services
Undisclosed amount
October 12, 2026
Acquirer
Pen Underwriting UK
Insurance
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