DUAL North America, a provider of specialised insurance solutions, has expanded its surety program capacity to offer a $100 million single project limit and a $200 million aggregate limit, strengthening its market position, backed by “A” A.M. Best and “A+” S&P rated carrier, AXIS Insurance Company.
The move reflects the company’s strategy to empower clients to take on larger and more complex projects with confidence. It reinforces DUAL’s ongoing commitment to delivering reliable, flexible, and innovative surety solutions for commercial and contract markets, including accounts with international exposures.
With a dedicated claims subsidiary alongside its highly skilled underwriting team, DUAL aims to set itself apart by offering tailored solutions to clients for mitigating risk.
Brendan Keating, Executive Vice President, Surety, DUAL North America, commented, “This expansion of our surety program capacity marks a pivotal moment for DUAL North America. We are dedicated to empowering our clients with the financial strength and flexibility they need to pursue larger and more sophisticated projects.
“By combining robust financial backing with streamlined claims handling, we ensure our clients receive exceptional service and support throughout the entire project lifecycle, from inception to completion.”
Michael McKenna, Head of AXIS North America, added, “DUAL North America’s expansion of its surety program capacity reflects on our joint commitment to providing comprehensive and dependable surety solutions.
“We remain pleased to support this relationship with DUAL where elevated specialty products, a high level of service, outstanding security and underwriting expertise are provided to meet the customer’s needs.”
In February, DUAL secured $100 million in per-risk capacity for fine art, jewellery, couture, wine, spirits, and other high-value assets.
