DUAL Group
Austria
Finland
France
Germany
Ireland
Italy
Netherlands
Spain
Sweden
Switzerland
United Kingdom
Europe
Australia
Hong Kong
New Zealand
Singapore
USA
Corporate Property insurance
Strategic coinsurer for Corporate Property
DUAL Corporate Property brings to market an experienced underwriting team with access to sophisticated technical resources and an innovative operational model.
We provide follow capacity to partner brokers, building a sustainable, balanced, and profitable portfolio while expanding our capacity and capabilities to establish a first-class underwriting business for the long term.
What does Corporate Property mean at DUAL?
- Strategic follow market, providing coinsurance capacity to partner brokers to build a balanced, sustainable & profitable portfolio.
- Client turnover typically upwards of £20m.
- Risk management forms part of the culture within our client base.
- Doesn’t include SME and Small Commercial.
- Located in the UK.
- Company Market and Lloyd’s capacity.
What type of property business is DUAL looking to write?
We write through most of the spectrum of UK commercial and corporate property, often being trades with a medium hazard risk profile. We also write light hazard and will selectively write some high hazard trades. Examples include:
Beverages
Chemicals
Distribution
Engineering
Financial institutions
Further education
Leisure
Media
PFI
Plastics
Professional services
Real estate
Retail
Transport
Here are some frequently asked questions we receive from brokers
- The main trades we avoid include: abattoirs, amusement parks, education (primary & secondary), energy, fuel depots, mining, power, rail, recycling, residential property owners, waste.
- We may be able to consider individual placements where such activities are incidental to the overall risk profile.
- Risk management factors, together with risk quality, are more important to our risk selection than trade.
- We can write Pool Re cover.
Our capacity is £40m+ and growing.
- We write primary, XOL and quota share
- We don’t write deductible buy-backs or cross-class aggregate covers.
- £10,000 but for low hazard and XOL, there is some flexibility.
- Presently DUAL provides coinsurance follow capacity
- We’re developing the capability to lead, investing in underwriting, risk engineering, claims management services and Cat modelling, supported by an exceptional operational platform that allows to put our brokers and clients first.
About DUAL
- Founded in 1998, DUAL is one of the world’s largest international underwriting agencies and is one the largest international coverholder at Lloyd’s
- Our vision is to be the world’s best underwriting business, and we are actively pursuing that goal
- Our GWP is £2.8 billion, delivered via 70+ products across 50 locations in 21 countries with 1,700+ people
- DUAL UK Product lines include SME Property / Casualty, Care Homes, Construction, PI, D&O, Cyber, Healthcare, M&A and Legal Indemnities.
Resources
Meet the underwriters
