Back to latest news 01/04 2015

DUAL Marine and Energy Announces CNA Hardy as Underwriting Partners

DUAL, the underwriting arm of the Hyperion Insurance Group, is today pleased to announce that its global Marine and Energy business will start underwriting immediately supported by CNA Hardy’s Lloyd’s syndicate.

Under the leadership of Bernt Hellman, DUAL Marine and Energy will provide a wide range of specialist Marine and Energy insurance products. It aims to target niche risks not commonly introduced through conventional London distribution and is aimed primarily at the offshore industry. Bernt joined DUAL last year to form the Global Marine and Energy Practice. The practice will expand DUAL’s Marine and Energy footprint globally creating an industry-leading distribution platform of specialist products for brokers and clients.

For CNA Hardy, and the other supporting Lloyd’s syndicates, this marks the start of a new relationship with DUAL. They join more than 30 Lloyd’s syndicates, insurers and reinsurers supporting DUAL which is now the world’s largest international underwriting agency underwriting in excess of USD 1 billion GWP this year. This new capacity was brought to DUAL by HB&A which is managed by Beach & Associates.

Shane Doyle, DUAL CEO, commented: “We are delighted with the support for our new Marine and Energy business and it is a great honour for us to welcome CNA Hardy and the other supporting syndicates to our first class carrier panel. We hope this will grow to be a lasting relationship across this and other DUAL product lines.”

David Brosnan, Chief Executive of CNA Hardy, commented: “This is the start of a new and exciting relationship for us. DUAL offers a combination of best-in-class underwriting and strong distribution channels and complements CNA Hardy’s product offering; we look forward to working with Bernt and the team at DUAL.”

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