Dual
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The Howden MGA established its marine presence in the Netherlands in 2023.
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Frank Masteling will lead the new business as head of trade credit.
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Starr and Axon also are among those exposed to the Marsh USA-placed $40mn line.
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The underwriter will relocate to the London market from Genoa.
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The new European A&H business will be led by Samia Baliad, who joins the company from Axa.
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Craig Miller most recently held the role of UK commercial director at Dual Oliva.
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Maria Borrego joins from QBE, where she was Europe deputy underwriting manager and head of financial lines.
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A roundup of all the news you need today, including Enstar EU’s new CEO.
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Scott Sayce will join on 1 September and report to David Harries, group director of underwriting.
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The hard market has not burst the MGA bubble – and now interest is on the rise again.
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Insurance Insider revealed this deal in January.
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The MGA has also hired Axa’s Rob Corner and IQUW’s Catherine Farnworth.
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Swiss Re will transfer its Genoa-based hull business to Dual Europe and provide the MGA with underwriting capacity.
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The carrier has been growing its financial institutions team and recently appointed Mark Warrilow from Price Forbes.
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Dual France will initially offer financial lines, professional indemnity, cyber, construction all-risks and title and M&A insurance.
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The MGA has hired MS Amlin’s Aram Stoop and Pim de Pooter for its marine hub.
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The capacity supported the cat book and represents upwards of two-thirds of the total book.
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Chaucer joins RSA, Liberty and Axa in the quota share arrangement.
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Peedu will be based in Stockholm and will also oversee Dual’s operations in Norway and Denmark.
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Helen Ye was most recently CCO at OneInfinity, an InsurTech for digital asset trading platforms.
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Francesca Giurato will take on a leadership role for both Dual Europe and Dual Italia, with the aim of building a European hub for the fine art business.
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Caroline Stone will also sit on the board of Dual Corporate Risks Limited.
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The pair have worked for Dual for a decade and a half.
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The recruit will report to recently appointed Europe CEO Olaf Jonda.