1 April 2014 Insurance

Hyperion rebrands PGI Commercial

US underwriting agency PGI Commercial will become DUAL Commercial following its acquisition by Hyperion Insurance Group, an international insurance intermediary group, in October 2013.

London-based Hyperion is the parent company of the DUAL Group, an international specialist underwriting agency, within which DUAL Commercial will operate.

PGI chief executive officer Justin Tweedie will serve as chief executive officer of DUAL Commercial and oversee DUAL operations in the Americas.

“We are excited to introduce the DUAL brand to our clients and partners,” Tweedie said. “Like The DUAL Group, PGI has always been committed to making relationships count. Now as part of DUAL, the world’s largest unaffiliated international underwriting agency, we will have even greater opportunities to strengthen and grow our products and services to benefit our clients.”

Shane Doyle, chief executive officer of the DUAL Group, said: “The DUAL affiliation will help communicate the company’s international scope and the increased resources and expertise available to DUAL clients.”

DUAL Commercial will continue to offer specialty programs for property and casualty classes. The company’s headquarters will remain in Naples, Florida, with underwriting offices across the US.

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