DUAL News

Lloyd’s Syndicate Dale and DUAL Launch MGU with Focus on U.S. Property Insurance

Dale Underwriting Partners and DUAL announced a new joint venture, Dale DUAL MGU Ltd. (DDML), in collaboration with Aviva with immediate effect. This partnership has been brought together by Howden Reinsurance Broking led by head of Global Specialty Reinsurance, Gordon …

MGA DUAL Plans to Use Its Own Underwriting Capital Alongside Capacity Providers

DUAL, the London-based managing general agency, announced it will deploy its own group underwriting capital alongside its existing capacity providers. “This is a game-changing moment for DUAL. Now, by providing capital to DUAL, we move to the next stage of …

DUAL Acquires Specialty Managing General Agency in New Zealand

DUAL, the underwriting arm of Hyperion Insurance Group, announced the acquisition of a controlling interest in New Zealand specialty underwriting agency International Underwriting Agencies (IUA). “This is an excellent strategic acquisition for DUAL, bringing together NZ’s largest Lloyd’s coverholders with …

Bains to Step Down as CEO of DUAL; Firm to Be Led by Regional Mgmt Board

Hyperion Insurance Group, the London-based insurance intermediary group, announced that Talbir Bains, CEO and CUO of DUAL Group, the underwriting arm of Hyperion, has decided to step down from his role at the end of January 2017. Bains joined DUAL …

Negative Outlook for Energy Insurers May Force Sector Exit: Willis Towers Watson

Energy insurers continue to feel the pressure caused by over-supply of capital and falling demand from buyers, which may lead them to exit or scale back their participation in the energy sector, according to a report published by Willis Towers …

Hyperion Announces Permanent Appointment of Bains as CEO of MGA DUAL

London-based Hyperion Insurance Group, an international insurance intermediary, has confirmed the permanent appointment of Talbir Bains as chief executive officer of DUAL Group, an MGA and Hyperion’s international underwriting arm. The vision of DUAL is to continue to grow and …

DUAL Launches New Private Clients Global Practice

The DUAL Group, the MGA and Lloyd’s of London’s international coverholder, has announced the launch of DUAL Private Clients, which will marry their recent acquisition of the Private Clients underwriting business of Aqua and Aurum with their own global distribution …

Booth Joins DUAL as Non-Exec Chairman & Named Hyperion’s Non-Exec Director

Hyperion, the world’s largest employee-owned insurance group, announced today that Clem Booth will join DUAL, its underwriting arm, as non-executive chairman of the board. He will also become a non-executive director on the board of Hyperion. The appointments are subject …

DUAL M&A Liability Team Open for Business in Frankfurt and London

DUAL, the underwriting arm of the Hyperion Insurance Group, announced that its Frankfurt and London-based M&A Liability team is open for business. Niki Demirbilek joins as global head of M&A Insurance, supported by up to EUR/USD 50 million of A-rated …

DUAL Acquires Oliva Underwriting, UK-based MGA

DUAL, the underwriting arm of the Hyperion Insurance Group, announced it has acquired Oliva Underwriting, the UK-based MGA specializing in property & casualty, contractor trades and marine insurance. The acquisition forms a core part of DUAL’s UK commercial strategy, and …