14 April 2015 Insurance

Dual opens Netherlands office

Dual, the underwriting arm of the Hyperion Insurance Group, has opened its first Netherlands office to write marine and energy business.

Harry Mulder, the former chairman of the Marine Committee of the Dutch Association of Insurance, will lead the underwriting team.

The team also includes senior underwriter, Abdes El-Häidouri, an underwriter in the Dutch marine market, and claims manager Frenk Villerius, who has over 20 years’ marine claims experience.

The new office will form part of the group’s new global marine and energy practice led by Bernt Hellman. The business is backed by CNA Hardy’s Lloyd’s syndicate and other Lloyd’s markets.

Hellman said: “It is exciting to be joined by Harry and his team. They have a wealth of experience and a superb reputation in the Dutch market and are a welcome first addition to Dual’s global marine and energy practice. DUAL will bring the high quality products to the Dutch insurance market and the best business to our carriers.

Shane Doyle, chief executive of Dual International, added: “We are thrilled to have attracted such a talented team to Dual. We are equally delighted with the capacity supporting these lines; it is a great honour for us to welcome CNA Hardy and the other supporting syndicates to our first class carrier panel.”

Mulder said: “I’m delighted to be bringing Dual to the Netherlands. It’s not only a fantastic opportunity for the team to build on the relationships we already have with Dutch brokers and clients but it also gives us an opportunity to introduce new marine and energy products to the Dutch market.”

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