Back to latest news 09/06 2015

DUAL launches M&A liability insurance operations in Frankfurt and London

DUAL, the underwriting arm of the Hyperion Insurance Group, today announces the launch of its Mergers & Acquisitions (M&A) business, located in Frankfurt and London.

M&A activity has reached unprecedented levels both in Germany and worldwide. According to a recent EY-study (Source: ey.com) 56% of companies surveyed are seeking to expand through acquisition within the next twelve months. 

DUAL’s M&A products will provide protection against the risks associated with a merger, acquisition or capital restructuring.  DUAL believes its products will help fill a significant gap in the market, M&A liability insurance business is underserved in Germany while even the London market has few carriers with the specialist underwriting expertise necessary to support the largest transactions. 

Niki Demirbilek, one of the German markets most respected M&A underwriters will join DUAL in September as Global Head of M&A Insurance, based in Frankfurt. A qualified lawyer in the US and Germany, Niki began her career at international law firms including Norton Rose before moving into the insurance sector. Niki has held senior roles in Germany at AIG and then Zurich, where she headed their M&A business. 

Niki will be joined by Janin Kauffmann, a lawyer specialising in M&A who also joins from Zurich, and Jaco van der Merwe who joins DUAL having held a senior underwriting role in AIG. Janin will be based in Frankfurt and Jaco in London.  

DUAL’s M&A team has ambitious expansion plans and further hires are expected.