Back to latest news 20/11 2013

DUAL Welcomes AIG Europe Limited as Capacity Provider

DUAL, the underwriting arm of Hyperion Insurance Group, has announced that AIG Europe Limited will partner with them via the Tamesis DUAL specialty excess of loss reinsurance entity.  AIG Europe Limited joins DUAL’s existing capacity providers on 1st January 2014.

Tony Lovett, MD and Chief Underwriting Officer at Tamesis DUAL said: “That AIG has chosen to partner with us, alongside our existing capacity providers, is an endorsement of our underwriting approach.  In a changing and challenging market place this partnership further enhances our position within the London specialty Excess of Loss reinsurance market.”

Shane Doyle, Chief Executive Officer of DUAL said: “We are extremely pleased that AIG has agreed to partner with us on the Tamesis business. We pride ourselves on the standard of our capacity providers, and this recognition is a great validation of the expertise within DUAL.”

Jacqueline McNamee, Executive Director, Commercial Lines AIG in the UK said, “This initiative is further evidence of our ambition to increase our presence in the London Market.  We are able to bring not only significant capacity to targeted sectors of the London Market but also to encourage considerable underwriting expertise.”