DUAL Europe appoints Maria Borrego as chief underwriting officer

Hiring part of continued expansion across European markets

DUAL Europe appoints Maria Borrego as chief underwriting officer

Insurance News

By Kenneth Araullo

DUAL Europe has appointed Maria Borrego (pictured above) as its new chief underwriting officer, reporting to CEO Olaf Jonda.

This key appointment is part of DUAL's strategy to enhance its underwriting capabilities as the company continues its expansion across Europe. Borrego will be based in Spain and is expected to drive underwriting excellence for DUAL’s European clients.

Borrego brings significant industry experience, having previously worked with major brokers like Aon and Marsh, as well as global insurers such as AIG. Most recently, she held the position of Europe deputy underwriting manager and head of financial lines at QBE.

Her role at DUAL will focus on refining the company's underwriting standards while supporting its broader growth objectives.

Jonda emphasised the importance of Borrego's appointment in achieving the company's long-term ambitions.

“Her extensive background and proven expertise align perfectly with our ambition to be the partner of choice for both brokers and carriers. With Maria on board, we aim to strengthen our underwriting proposition, ensuring we continue to meet the evolving needs of our European clients,” Jonda said.

Borrego also expressed her enthusiasm for joining DUAL and collaborating with the team to enhance underwriting performance.

“My aspiration is for DUAL Europe to become a key partner for brokers and carriers across borders, building a growing, resilient and long-lasting insurance business, underpinned by best-in-class underwriting for our European clients,” Borrego said.

This move follows a series of leadership appointments across the DUAL Group. In May, DUAL made another significant hire with the introduction of Scott Sayce as the company's first-ever head of emerging products.

Sayce began his London-based role this month, working closely with regional CEOs and underwriting teams. His role aims to drive innovation and expand DUAL's offerings in new product areas.

The addition of Borrego and Sayce to the leadership team reflects DUAL’s commitment to both underwriting excellence and product innovation, positioning the company for continued growth in an evolving market.

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