The appointment is part of DUAL’s previously announced plan to create a US$5bn GWP international managing general agent by 2027.
“There are tremendous opportunities for DUAL to significantly grow its European businesses,” said DUAL group executive chair Kieran Sweeney. “Our existing teams already write just under US$300m GWP in the region, but we have ambitions to grow the business to greater than US$750m GWP by 2027. We believe DUAL is ideally positioned to attract the very best underwriters in the European marketplace and to make strategic acquisitions of quality MGAs to accelerate our growth and expansion into new territories. … Europe will be a key contributor as we work to achieve our broader goal for DUAL group – to create a significant international underwriting business.”
“Since he joined the group in 2005, Maurizio has demonstrated his leadership skills by building DUAL Italia into the largest and most successful MGA in Italy,” said DUAL group CEO Richard Clapham. “I know that he will make DUAL Europe the specialty market of choice for quality brokers and the employer of choice for the best talent in Europe.”