Press Release
02/05/2013 DUAL ANNOUNCES SENIOR APPOINTMENTS IN ITS UK OPERATION DUAL, the underwriting arm of Hyperion Insurance Group, announced today a number of senior appointments in its UK operation. Jennifer Martin, currently Underwriting Director of Financial Lines in the UK, has been appointed Underwriting and Binder Management Officer at DUAL International, reporting into Paul Ferris, Chief Risk Officer. She will also lead DUAL’s new After the Event Insurance division as Managing Director, reporting to Shane Doyle, CEO of DUAL’s UK operation. Shane said: “Jenny’s experience will be extremely valuable to DUAL International as we continue to improve our structure and governance at Group level, and her appointment as MD of the new division will allow her to take our After the Event Insurance proposition, which she has developed so successfully, to the next level.” Jeremy Isaacs, currently Directors’ & Officers’ Underwriting Manager, will take on the new role of Underwriting Director - Commercial, and will manage all non-Financial Institutions (FI) aspects of the DUAL Corporate Risks portfolio including the stand-alone Funds D&O portfolio. DUAL’s Manchester operation will report to Jeremy and he will drive the company’s UK regions strategy. David Mercer remains PI Director, and will report into Jeremy. Paul Russell will take on the new role of Underwriting Director - Financial Institutions, where he will manage all FI products within the DUAL Corporate Risks portfolio. D&O Banks business, combined D&O/PI funds and IMI business will report into Paul. Liz Hanlon will continue in her role as Managing Director of the very profitable FI Crime Binder and will report into Paul moving forward. Shane commented on the appointments: “Our overarching objective to deliver profit to our carriers whilst growing our business continues to drive the evolution of DUAL. These appointments will help to ensure that we are able to clearly differentiate between our Commercial and FI strategies, allowing us to better utilise our highly experienced pool of talent whilst delivering the consistent profit returns that are required by our carriers.”
Contact: DUAL International Shane Doyle Deputy CEO
T:
+44(0) 20 7337 9888
Redleaf Polhill (for media enquiries) Lauren Franze / Sally Walton
T: E:
+44(0) 20 7382 4747
[email protected] The DUAL Group The DUAL Group is the specialist underwriting arm of the Hyperion Insurance Group, and is focused on underwriting business critical risks including D&O, Professional Liability, Employment Practice Liability, Computer Crime and Fraud. DUAL has become a well-established and respected leading underwriter with annual gross written premiums of over £220 million and now employs over 190 people in offices across Europe, Asia Pacific and the Americas. www.dualinternational.com Hyperion Insurance Group Hyperion is an international insurance and reinsurance intermediary group with divisions in broking and underwriting. The Group has businesses across Europe, Asia, the Middle East, the USA, Latin America, Australia and New Zealand, and employs more than 1400 people in over 60 offices operating out of 28 countries. The Group was awarded its second Queen’s Award for Enterprise in International Trade in 2012. www.hyperiongrp.com