7 May 2013 News

DUAL announces UK senior appointments

DUAL, the underwriting arm of Hyperion Insurance Group, has announced a number of senior appointments in its UK operation.

Jennifer Martin, currently underwriting director of Financial Lines in the UK, has been appointed underwriting and binder management officer at DUAL International, reporting into Paul Ferris, chief risk officer. She will also lead DUAL’s new After the Event Insurance division as managing director, reporting to Shane Doyle, CEO of DUAL’s UK operation.

“Jenny’s experience will be extremely valuable to DUAL International as we continue to improve our structure and governance at Group level, and her appointment as MD of the new division will allow her to take our After the Event Insurance proposition, which she has developed so successfully, to the next level,” said Doyle.

Jeremy Isaacs, currently directors’ & officers’ underwriting manager, will take on the new role of underwriting director – Commercial, and will manage all non-Financial Institutions (FI) aspects of the DUAL Corporate Risks portfolio including the stand-alone Funds D&O portfolio. DUAL’s Manchester operation will report to Isaacs and he will drive the company’s UK regions strategy. David Mercer remains PI director, and will report into Isaacs.

Paul Russell will take on the new role of underwriting director – Financial Institutions, where he will manage all FI products within the DUAL Corporate Risks portfolio. D&O Banks business, combined D&O/PI funds and IMI business will report into Russell.  Liz Hanlon will continue in her role as managing director of the FI Crime Binder and will report into Russell moving forward.

“Our overarching objective to deliver profit to our carriers whilst growing our business continues to drive the evolution of DUAL,” added Doyle. “These appointments will help to ensure that we are able to clearly differentiate between our Commercial and FI strategies, allowing us to better utilise our highly experienced pool of talent whilst delivering the consistent profit returns that are required by our carriers.”

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