Dual North America partners with Homebound

DUAL North America has announced a partnership with Homebound Insurance Exchange to expand the capacity offerings and geographic reach of its personal lines business.

The partnership will focus on coverage for manufactured homes, dwelling fire, and homeowners insurance.

The initial expansion will focus on Texas, with plans to extend the offerings to additional states.

Earlier this month the Texas Department of Insurance approved the formation of Homebound Insurance Exchange, which is set to take on a book of around $200 million annual gross written premium of personal lines business from National Summit Insurance Company.