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DUAL North America appoints Stephanie Calmeyn Executive Vice President, Head of Earthquake
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Calmeyn succeeds Ian Fitt, who will retire at the end of the year
DUAL North America (“DUAL”) today announced that Stephanie Calmeyn, SVP, Capacity Manager, will be appointed Executive Vice President, Head of Earthquake, effective January 1, 2027, succeeding Ian Fitt who will retire from the role at the end of the year.
Calmeyn brings more than 25 years of insurance industry experience to the role, including 15 years working alongside Fitt and the Earthquake team. Having advanced from Underwriter to Portfolio Manager to Capacity Manager over that time, she brings deep familiarity with the book, the underwriting approach, and the broker relationships that have driven the business's growth.
Fitt's retirement comes after 28 years leading the Earthquake business, which he joined in 1998. He has served as President of DUAL's Earthquake division since DUAL acquired Catalytic in 2021. Over that time, he built the underwriting discipline, team, and program structure that have resulted in the Earthquake team’s longevity and success.
The transition represents a natural evolution rather than a new direction for the team, preserving the same disciplined approach that has defined the business under new leadership.
DUAL's Earthquake program provides extensive coverage for commercial property owners, backed by more than 120 years of combined team experience. Coverage is available on a primary, full-value, layered, or excess basis, non-admitted and nationwide, with select risks qualifying for up to $100 million in limits. The program covers earthquake, earth movement, and earthquake sprinkler leakage, with flood coverage also available in California, Washington, and Oregon.
Ian has been a trusted business partner and friend for nearly three decades, and I wish him the best. He’s navigated this team through some difficult market years and is leaving it in a great place, and that's a testament to the job he's done. Stephanie knows this business inside and out and she’s the best person for the job. This is a natural evolution for the team, and I have full confidence they'll continue to succeed.
I'm incredibly excited to lead the Earthquake team into its next chapter. Ian’s leadership and mentorship have shaped this division and many of us within it, and he leaves behind an exceptional team and a strong foundation to build on. My focus now is on developing our people, strengthening our partnerships, and continuing to build a disciplined, high-performing team
It's been a privilege to work alongside such talented, dedicated people who have shaped my career and this business. This journey, which started as a reinsurance underwriter more than 34 years ago and led me to be part of one of the world’s largest international MGAs, is something I never could have imagined. I have every confidence in Stephanie and this team as they carry the business forward.
Fitt will work closely with Calmeyn and the earthquake team through the transition, ensuring continuity for brokers and carrier partners alike.
Learn more about our Earthquake offering
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