DUAL Europe partners with VHV

DUAL Europe has inked a strategic partnership with VHV Allgemeine Versicherung AG, part of the VHV Group, in a bid to strengthen its position in the construction insurance market. DUAL has said that the tie-up will enhance its “service to its broker and client network,” as VHV will provide the necessary expertise in underwriting and product innovation to DUAL Europe’s Engineering & Construction Hub.

Meanwhile, DUAL Europe also introduced underwriting experts that form its Engineering & Construction Hub:

• Christian W. Müller, with over 25 years of industry experience as an underwriting manager, formerly led the International & Swiss Construction Team at AXA XL Insurance and now joins DUAL as head of Engineering & Construction – Europe.
• Dan Georgescu, with more than two decades of experience now joins DUAL Europe as an underwriter manager, and will be based in Zurich, Switzerland.
• Giulo Dragone will bring his 15 years of experience in the industry as he joins DUAL Italia as head of engineering and will be based in Milan.
• Hakan Denin will be the head of engineering of DUAL Nordics and will be bringing with him his 32 years of experience to the company.
• Gürhan Metin also joins DUAL Deutschland as head of engineering and will be based in Hamburg, Germany. Metin has 19 years of experience in the industry.
• Robin Adriaansen brings with him his 12 years of solid industry experience as he joins DUAL Benelux as head of engineering, and will be based in Rotterdam, in the Netherlands.
• Imke Swierstra also joins DUAL Benelux as lead underwriter – engineering, and will also work in Rotterdam. Swierstra has more than 12 years of experience as an underwriter.

DUAL Europe’s Engineering & Construction Hub offers C.A.R. (Construction All Risks), E.A.R. (Erection All Risks), Machinery Breakdown, Completed Engineering Civil Risks, Electronic Equipment Insurance, Industrial All Risk, C.P.E. (Contractor’s Plant and Equipment), backed by VHV’s leading capacity, the company stated.

DUAL Europe’s CEO Olaf Jonda (pictured, left) expressed his hopes and enthusiasm for the new partnership.

“The DUAL Europe family continues to grow its underwriting expertise and enhance the range of specialised solutions we can provide to our broker network. I’m delighted that Christian has taken on the challenge to build a long-term, profitable, and sustainable business bringing capacity and expertise wherever we are present in Europe,” said Jonda.

For his part, Dr. Sebastian Reddemann (pictured, right), CEO, VHV Allgemeine commented: "It is important that we continue to diversify our business, and by partnering with DUAL Europe, we are strengthening our expertise as a leading insurer in the construction industry. We look forward to supporting projects abroad together with DUAL, contributing our underwriting knowledge in the construction sector, and increasing our expertise in new technologies.”

Müller, on the other hand, said that his team worked hard in the past few months building DUAL’s Engineering business, and is happy that the company has brought in highly qualified people to the team to ensure its success.

Have something to say about this story? Leave a comment below.