Chaucer in ‘significant’ new partnership with DUAL

DUAL Asset, part of the  DUAL Group, has entered into a long-term partnership with global specialty re/insurer  Chaucer in the UK and Europe.

The new partnership will see Chaucer provide £100 million of quota share capacity for DUAL Asset’s UK and European commercial real estate risks, including legal indemnity, title to property, and title to property and shares. Chaucer has joined DUAL Asset's existing binder with RSA, Liberty and AXA, increasing the quota share capacity to £225 million.

Ian Keith, managing director of DUAL Asset, said: “We are delighted to announce a new partnership with Chaucer, a very well respected and long standing insurer in the market. This further strengthens DUAL Asset’s panel of insurers, and offers more choice of quality capacity to our clients. This new partnership is a testament to the quality of our underwriter’s expertise.”

Adam Howard, head of casualty at Chaucer, added: “Chaucer is excited to partner with DUAL Asset to deliver dedicated capacity to the UK and European Legal Indemnity market. Ian and the team at DUAL Asset are market leaders and I look forward to expanding our relationship to bring capacity and expertise to this important segment of the Legal Indemnity market.”

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