17 April 2023Insurance

Howden’s DUAL looks to ‘move swiftly’ within European market with key hire

DUAL, the specialist underwriting arm of  Howden Group Holdings, has set up a new base in Benelux to service the wider European market, hiring an industry leader with over 38 years of experience from HDI Global.

DUAL Europe has appointed Peter Kegel (pictured) as managing director of DUAL Benelux based in Rotterdam, Netherlands. Establishing a base to service the Benelux market will give DUAL reach in 13 European countries.

Kegel has 38 years’ industry experience and was previously at HDI Global for more than five years, most recently as head of underwriting & distribution. He also held various roles at a.s.r. mainly in the areas of distribution and continuous improvement. He started his career at Aegon.

The DUAL Benelux team will initially offer financial lines, professional indemnity, cyber and M&A related insurance solutions for medium-sized and large companies. Surety, fine art, construction and healthcare/medical malpractice will be offered later in 2023.

Olaf Jonda, CEO, DUAL Europe said: “We’re delighted to welcome Peter to the DUAL Europe team and to bring his considerable experience to our broker network in Benelux. Since we were founded in Madrid 25 years ago, DUAL Europe’s strategy has always been to deliver the best local underwriting expertise backed by the strength of our capacity provider partners. As an MGA, we are able to move swiftly to develop insurance solutions which are designed to meet today’s clients’ evolving needs and we believe this makes a real difference in the fast moving European market.”

Kegel added: “I am thrilled to become part of DUAL Europe’s already successful journey and to building on this success in Benelux with our local brokers. Our partnership approach means we can also support those brokers by providing a range of investment solutions, combining a swift decision making process with a high standard of service. Our goal is also to grow our Benelux team. DUAL’s strong people first culture makes it a great place for colleagues to develop their talents.”

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