DUAL Europe completed the acquisition of Marine team from Swiss Re.

DUAL Europe, an underwriting agency that provides insurance services, completed the acquisition of Marine team from Swiss Re, a wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer. Financial terms were not disclosed. “Marine has long been a key sector in Europe and indeed worldwide. I am therefore delighted that we are creating another centre of underwriting excellence in DUAL by welcoming this team and significant portfolio of business from Swiss Re. This is an integral part of DUAL’s continued growth and expansion in Europe and this adds another key business line to the broad portfolio we can offer to our brokers and their clients. Andrea and his team bring market-leading expertise and I believe that this is a real testament to DUAL being seen as a natural home for the best underwriting talents in the market,” Richard Clapham, DUAL Group CEO.