DUAL Europe acquires Marine team from Swiss Re

DUAL announced that it has strengthened its Marine capability in Europe with the acquisition of Swiss Re’s Genoa-based Marine team with the authority to write Marine business for Swiss Re going forward.

The transaction supports DUAL’s ambitions to become a leading player in the Marine market and the partner of choice for brokers, just six months after the launch of a new DUAL Marine team in Rotterdam, Netherlands with the recruitment of an experienced team, Aram Stoop and Pim de Pooter.

Swiss Re will continue to provide capacity ensuring a seamless transition.  Andrea Cupido, previously Swiss Re’s Head of Marine Hull for Corporate Solutions, will lead the DUAL Marine Europe team as Executive Chairman, so that broker partners and insureds can benefit from underwriting continuity, as well as claims handling with a strong technical focus and service. Aram Stoop will assume the role of Managing Director, DUAL Marine Europe.

DUAL Marine Europe offers the international broker market access to a comprehensive suite of Marine solutions predominantly in Ocean and Inland Hull, Builders Risks, Cargo and Land based Equipment, with plans to further expand and diversify the product range.