Energy, Industrial & Utility Risk Solutions (EIURS), a division of DUAL Commercial, has expanded its Energy Division with the addition of a new marine energy unit. The new unit will be headed by Michael Jacobs.
The Marine Energy unit will focus on the underserved middle market segment. The liability lines of business offered are: marine general liability, ship repairers, terminal operators, stevedores, wharfingers bumbershoot (up to $5 million capacity), marine employers liability, hull and P&I. EIURS will be writing on behalf of an A XV carrier. The program is nationwide and is dedicated to wholesalers.
The carrier provides market-leading and value-added services such as; global risk management and worldwide claims handling.
Jon Beckham, CEO DUAL Commercial, said the company DUAL is highly committed to the expansion of its Energy Division and says the new Marine Energy unit is a natural fit for the company.
DUAL Commercial is a specialty program administrator offering property & casualty products through several specialized companies and divisions. DUAL has 12 underwriting offices throughout North America that underwrite and manage insurance programs. The North America operation is a part of the DUAL Group, an international underwriting agency and Lloyd’s international coverholder with offices in 17 countries. DUAL is the underwriting division of Hyperion Insurance Group.
Hyperion is a global employee-owned insurance group comprised of broking divisions Howden and RKH, and underwriting division DUAL. Hyperion’s businesses operate across Europe, Asia, the Middle East, Latin America, the USA, Australia and New Zealand, employing over 3,800 people in 37 countries.
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