DUAL Marine Europe has selected Quotech, a developer of integrated technology solutions for underwriting and broking teams, to provide underwriting technology for its Marine teams in Genoa and Rotterdam.
DUAL has implemented Quotech’s Risque Marine, an advanced underwriting workbench designed specifically for the maritime insurance sector, at both locations.
The Genoa-based team transitioned to DUAL Europe from Swiss Re in April 2024, just months after DUAL hired the Rotterdam team to launch its new European Marine platform.
Andrea Cupido, Executive Chairman of DUAL Marine Europe, said, “By bringing together a new and newly independent team into one unified venture, we are dedicated to seizing every opportunity in the highly competitive Marine insurance market.
“To gain a strategic edge, we sought a state-of-the-art underwriting platform tailored for Marine risks — one that offers the specialized functionality needed to manage these risks, along with the flexibility to evolve alongside our growing needs.
“Quotech’s Risque platform fills the bill precisely, and it is streets ahead of the competition. You can tell it was built by an underwriter.
“It does just what I want it to, plus a few things that I hadn’t thought of, but are actually very useful,” Cupido concluded.
Guillaume Bonnissent, Chief Executive of Quotech, said, “When DUAL asked if Risque Marine can do this or that, I was really pleased to be able to answer ‘yes’ every time. We built it with an underwriter’s workflow at front of mind, so for example it can handle multiple currencies on one policy, and make endorsements effortlessly even at fleet level. It has built-in lineslip and consortia capabilities, connected access to the Sea-web database, easily amendable underwriting controls, and real-time on-screen reporting of actuals against targets.
“We’re delighted to support DUAL’s journey into the Marine market by providing tools that eliminate repetitive tasks and put the precise data that underwriters need right at their fingertips exactly when they need it,” he continued. “Risque takes the pain points out of underwriting. To have the platform selected by DUAL’s marine team is a super endorsement of our data-first approach.”
