Dual Europe has launched a new trade credit insurance operation as part of its wider push to grow specialty lines across the continent.

The offer will focus on two credit insurance products: Top-Up and Non-Cancellable Credit Limits, with capacity provided by A-rated pan-European carrier, Axeria.

The new business will be led by Frank Masteling, who has over 25 years’ experience in the sector. He joins the firm from Nexus Trade Credit, where he was managing director for the UK and Europe.

“We’re seeing a clear need from businesses across Europe for greater flexibility and reliability in their credit insurance,” said Masteling. “Our dedicated teams based in local markets are perfectly placed to deliver responsive, tailored solutions that help clients manage credit risk more effectively and continue growing with confidence.”

Sébastien Seux, CEO, Axeria, added: “We are delighted to extend our partnership with Dual Europe into the trade credit space. This represents a strong opportunity led by a renowned expert, and we look forward to the success of this strategic collaboration."

Local trade credit teams are already in place in the Netherlands, Germany and Spain, with an Italian team set to follow shortly.

The move forms part of DUAL Europe’s strategy to diversify its portfolio of more than 20 specialty lines and expand its integrated offering to brokers and clients.

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