Dual North America has launched a standalone political violence and terrorism programme that will offer coverage for property damage, liability and business interruption with limits up to US$150m.
This product is designed to serve companies that are not eligible for coverage under TRIA, offering coverage for both TRIA certified and non-certified risks.
Dual’s political violence solution will consider residential; commercial real estate; retail properties; entertainment and sports venues; industrial and manufacturing sites; power and energy facilities; real estate portfolios; and construction project risks.
Patrick Small, leader of Dual’s property practice, will lead the programme in the United States. Tim Woodhouse, UK managing director, political violence at Dual Group, will lead the programme in the UK.
John Johnson, CEO, Dual North America, said: “This offering is a perfect example of the benefit of being part of one of the world’s largest international MGAs. We are able to collaborate across our international network to allow a global reach on a product in demand in several territories. These kinds of cross-border opportunities will continue to be deployed so that we are providing the best possible service and product offering to our clients.”
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