DUAL taps Hiscox exec to target France
DUAL Europe has appointed a new chairman hired from Hiscox France to establish and develop DUAL’s business in France.
Gwenaël Hervé, who is based in Paris, was most recently managing director at Hiscox France while previous roles include country head for Chubb France.
DUAL France will initially offer Financial Lines, Professional Indemnity, Cyber, construction all risks and Title and M&A insurance solutions for medium-sized and large companies.
Olaf Jonda, CEO, DUAL Europe said: “We’re delighted to welcome Gwen to DUAL. We have long considered France as a logical market for us to expand our European offering and Gwen is absolutely the top choice to establish our first office in this key market. Gwen’s appointment underlines our commitment to the European market and to offer a natural home for the best underwriters in the business. Quite simply, we’re keen to grow our business and Gwen’s number one priority is building a team of talented underwriters across Financial Lines, Professional Indemnity, Cyber, Title and M&A business lines.
“DUAL’s success is built on our people first philosophy of empowering our people to develop products that consistently deliver the best solutions for our brokers and their clients, providing profitable and sustainable business to our insurer partners. Our entrepreneurial spirit is a key part of our culture, making Gwen a natural fit for DUAL. His extensive experience and proven track record in the French insurance market will add real value to DUAL Europe.”
Hervé commented: “I’m delighted to be part of DUAL Europe’s successful journey, establishing its presence in France. It’s a once in a lifetime opportunity to start a business from scratch, backed by a global business of scale and talented people. We are looking to build a strong underwriting team offering them significant development opportunities and the people first culture of one of the largest international MGAs. Our focus will be on working with local brokers to provide underwriting excellence, first-class expertise and long-term capacity that meets their clients’ needs.”
DUAL was established in Madrid, Spain 25 years ago in 1998. The addition of France to the DUAL European portfolio follows new market openings in the Netherlands in April 2023 with DUAL Benelux and Sweden in May 2023 with DUAL Nordics.
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