Former Ivernia chief to lead new standalone trading division from March 2026
Pen Underwriting has appointed Michael Doyle as CEO of its business in Ireland, effective 1 March 2026 and subject to regulatory approval.
Doyle (pictured) brings more than 25 years of insurance industry experience, all based in Ireland.
He joins from Ivernia Insurance, where he has been CEO since 2023.
Before that, he was director of sales and distribution for Zurich’s general insurance business in Ireland and previously managing director of Wrightway Underwriting, the specialist transportation and haulage MGA acquired by Pen in June 2024.
In his new role, Doyle will report to Tom Downey, CEO of Pen Underwriting, and will lead the business through its next phase of growth as a standalone trading division.
His remit includes scaling operations, expanding product offerings, and strengthening partnerships with brokers across Ireland, the company said.
Tom Downey said the appointment reflects Pen’s ambition to build a strong and diversified business in Ireland.
“Michael will be a fantastic CEO for brokers and colleagues in Ireland, and he is as excited as I am about the potential to turbocharge this business by increasing Pen’s presence and extending our reach,” he said.
“With Wrightway soon to rebrand as Pen Underwriting Ireland, completing its integration into the Pen family, we’re now focused on taking our Ireland business to the next level and maximising its growth potential,” Downey continued.
“We’ll use the broader Pen business as the blueprint for expansion and diversification, while remaining uncompromising on the things that matter most – responsive service, product expertise and access to decision makers,” Downey added.
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