Dual launches marine in Australia
Dual, the underwriting arm of the Hyperion Insurance Group, has expanded into marine in Australia.
Dual Australia will now offer a suite of commercial hull, cargo and marine liability products under a new marine team.
The team will be led by Andrew Black who brings over 30 years’ experience in the Australian and New Zealand markets. The initial focus will be on commercial hull, given Black’s technical expertise in this complex class.
Shane Doyle, Dual chief executive officer, said: “We are delighted at the progress we have made since launching our global marine and energy practice under Bernt Hellman. We continue to receive strong support from the market, and are excited by the opportunities as we continue to expand our geographic reach and product range. Dual has always had a strong presence in Australia and New Zealand, and so we are delighted to be bringing our marine offering to this market.”
Bernt Hellman, global practice leader, Dual marine and energy, said: “I am extremely excited to have Andrew on board to launch a Marine capability locally in Australia. We’ve had strong feedback from our broking partners that this is a segment of the market where additional capacity and expertise is required, and look forward to working with them on this offering.
“Andrew is a well-known figure in the local market, his experience and reputation, allied with Dual’s differentiated marine offering, will allow us to bring the best products to the local insurance market and the best business to our carriers.”