DUAL partners with Aspen Insurance to expand management liability products

Product line now extends to both private and not-for-profit entities as insurers team-up

Insurance News

By Lyle Adriano

Hyperion Insurance Group Limited subsidiary DUAL Commercial announced that it has partnered with Aspen American Insurance Company to expand its current product range.

Through the partnership, DUAL will be able to offer a broader management liability product offering to both private and not-for-profit clients.

DUAL will carry Aspen Insurance’s products, which include directors and officers liability, employment practices liability, fiduciary liability, employed lawyers liability, crime coverage, and kidnap and ransom coverage—all under one policy.
While its product line has expanded, DUAL will continue to promote itself to the SME market.

“We are very pleased with our new relationship with Aspen Insurance in support of our management liability business and the Aspen Insurance products we can now offer to our clients. We share common values in underwriting, service, comprehensive coverage and claims. We look forward to a long and successful relationship with Aspen Insurance” said DUAL North America director Phil Hoyt.

“We believe that the combination of Aspen Insurance’s product offering and DUAL’s scale and outstanding customer service will be enthusiastically received by the brokerage community,” added Ray Hannan, senior vice president and US underwriting manager for management liability, Aspen Insurance.

Aside from its partnership with Aspen, DUAL also revealed that it has developed an advanced underwriting system which could increase efficiency.

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