DUAL Group, an international specialist underwriting agency, has announced the launch of its global Transactional Risk offering, with long-term global backing led by Liberty.
The unified offering combines DUAL’s expertise across Warranty & Indemnity/Reps and Warranties, Tax, Contingent Risk, Title, and Climate Risk & Resilience lines into a single, global practice.
The development aligns with DUAL’s ambition to strengthen collaboration across regions, improve client outcomes, enhance capabilities, and deliver a more consistent, expert service to brokers and clients worldwide.
As it expands its global capability, DUAL brings together more than 80 underwriters across 11 jurisdictions in the Americas, the UK, Europe, and ANZ, with further geographical and talent expansion planned for the future.
The model combines global scale with strong local market expertise, supported by dedicated claims teams, ensuring underwriting remains tailored to regional dynamics while benefiting from shared technology, analytics, and governance frameworks.
Richard Clapham, CEO, DUAL Group, said, “Transactional Risk is an increasingly important and fast-growing area of the market, driven by more complex transactions and rising expectations from clients. As deals become larger, increasingly cross-border and more sophisticated, the need for specialist underwriting and consistent, high-quality execution has never been greater.
“DUAL has set out a clear long-term ambition to build a sustainably profitable Transactional Risk underwriting portfolio, targeting £500m in gross written premium by 2030.”
Paul Smith, Group Head of Transactional Risk at DUAL, added, “DUAL’s broad capabilities and continued investment ensure that we are best placed to confidently support our market in an increasingly intricate transactional environment. Looking ahead, we anticipate strong and increasing demand for Transactional Risk solutions. Insurance is already a critical component of the deal process but we are now seeing increasing demand from clients for complex multi-product solutions backed by sophisticated claims handling processes.
“By bringing our capabilities together into a single global platform, DUAL is strengthening its ability to support brokers and clients with a more coordinated and seamless offering. This allows us to combine the benefits of scale, including shared expertise, data and insight, with the local market knowledge which remains critical to underwriting success.”
Transactional Risk insurance enables deal participants to protect themselves against unforeseen and contingent liabilities that may arise after completion. By helping bridge gaps in indemnity expectations between buyers and sellers, the insurance supports smoother negotiations and increases confidence in the transaction process. This can help accelerate deal timelines and reduce the risk of post-completion disputes.
Stephen Tompson, Head of Supercoverholders, Liberty Specialty Markets, said, “We are delighted to be leading the launch of the global transactional risk offering. In such a volatile business environment, having certainty of risk coverage around deals is crucial for a streamlined and efficient process. Today’s announcement provides greater peace of mind for brokers and clients during the transactional risk process.”




