DUAL Group
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Specialists in D&O underwriting
Directors & Officers insurance (D&O) covers legal costs and damages incurred by employees in management roles as a result of allegations of misconduct.
At DUAL, we believe we provide market-leading D&O insurance to directors, managers, and supervisory boards around the world. Utilising our broad range of Financial Lines products, we offer comprehensive D&O solutions. We also write D&O for Financial Institutions.
Key benefits
Clear policy wordings in line with the latest legislation
Clarity is key – particularly around changing or new legislation in a complex regulatory environment. We work hard to ensure our policies remain relevant, and your clients stay protected.
Customisable cover
Our products can be tailored to suit your client's needs.
With our diverse range of expertise, we have the flexibility to cover a wide range of risks, including many bespoke risks. If you have a complex one, we have the expertise and experience to assist in finding a solution.
AA capacity
All DUAL binders are backed by trusted capacity providers with solid underlying financials.
Primary and excess layer coverage
Equally comfortable leading or following, DUAL can augment your existing strategy or develop bespoke solutions around client needs.
Specialist lawyers defending claims
All claims will be defended by lawyers with a wealth of experience in dispute resolution, liability claims and regulatory defence.
Quality claims handling
In a crisis, insureds need experienced lawyers and adjusters with a proven track record for claims handling. Fast, efficient, and fair, claims are handled in-house, with local expertise across our offices.
Coverage options
- Side A, B, C cover
- Side A difference-in-conditions
- Corporate manslaughter
- Emergency costs
- Employment Practice Liability Cover (EPL)
- Entity up/ entity down
- Outside Directorship Liability (ODL)
- Official investigation costs
- Mitigation costs
- Non-executive directors
- Additional limit of liability
- Crisis containment / public relations
Additionally you may need:
You may need additional coverages beyond those included in a typical D&O policy. These may include:
- Run off cover
- Public relations cover
- Interpretive counsel
- Retirement cover
Policy limits available
Up to €10m
line size / policy limits
€40m
attachment point for excess positions
Retail or wholesale
available to retail and wholesale brokerages
Risk appetite
DUAL’s D&O policies are available to retail or wholesale brokers.
We’re looking to work with:
- Local domiciled publicly-listed companies (primary)
- Local domiciled private companies (primary)
- Excess positions on any publicly listed or private company
With balance sheet strength, sound corporate reputation, corporate governance and strong risk management.
Current insureds include
- Defence
- Energy companies
- Hotels
- Software, tech companies
- Transport sector
- Distribution/Retail
- Chemical, pharmaceutical
- Construction, real estate,
- Manufacturing
- Not for profit
- Telecommunication
Selective risks
- Mining
- Distressesed liquidity position
Outside our appetite
- Coal Mining
- Cannabis
- Crypto currencies
- Firearms and ammunition
- Tobacco
- Professional sport bodies
- US Exposures: ADR II, III and US Direct Listing
Financial Lines products
We offer broad range of products and coverage tailored to the needs of the needs of commercial businesses. We can build a program to suit your client’s needs.
For financial losses to any insured company due to criminal activities, such as theft, fraud, or employee dishonesty. Includes social engineering, cyber fraud, and loss investigation
Protecting financial institutions or commercial companies against the legal costs and damages arising from claims by employees, including for discrimination, harassment, or unfair dismissal.
Liability cover for trustees, the fund, and the employer for breach of trust that causes loss while operating a pension plan or employee benefits program.
Covering directors, officers and other name individuals in respect of the prospectus liability risk. The transaction exposure is ring fenced from overall policy limits.
Why choose DUAL?
Built for speed
Experience counts
Uncomplicating situations
All about service
Underwriting requirements
You’ll need to provide information on the organisation, its board and management, and their legal and claims history. Our submission requirements are:
- Prior cover details
- Five-year loss runs summary
- Financials
The underwriting process is designed to be as streamlined and simple as possible. Using a collaborative, flexible approach, we’ll consider each risk on its own terms and work with you to find a solution.