Howden-owned MGA group celebrates injection of capacity from two large international specialty market carriers
DUAL UK has signed a five-year capacity agreement with Zurich as lead and Liberty Specialty Markets alongside other A-rated providers to support its new regional commercial combined product.
DUAL is the the managing general agency (MGA) insurance business wholely-owned by broking group Howden.
The product targets the £10,000–£50,000 premium segment of UK businesses outside London, offering a modular structure and tailored protection.
It is designed to address what DUAL sees as a gap in the market and will be distributed to selected brokers.
Simon McGinn, CEO of DUAL UK, said the deal marked “the next phase” of the MGA’s growth.
“I’m particularly pleased that we can build on our strong and established strategic partnerships with Zurich and Liberty, who share our values,” he said.
“This injection of capacity allows us to continue to launch new solutions into areas where brokers and their end customers really need them.”
David Nichols, head of P&C retail at Zurich, said the MGA had been “a real game-changer, delivering great value for Zurich”.
Henry Nelson, chief underwriting officer at Liberty Specialty Markets, said the renewed partnership showed the “value creation high-quality MGAs can achieve”.
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