QBE and DUAL join forces in North America | Insurance business America
Program partnership aimed at building owner risk
programs
By Terry Gangcuangco
QBE North America has partnered with DUAL North America’s Catalytic Risk Managers & Insurance Agency division to launch the Builders Risk program.
The new program is available on a non-admitted basis and provides comprehensive construction risk coverage for construction risk projects. Meanwhile, claims will be managed by Catalytic Claims Services, another division of DUAL North America.
James Haggerty, Head of Commercial Programs at QBE North America, revealed the partnership and said: “We are pleased to work with Catalytic’s experienced underwriting team to provide clients with a builder risk solution that protects the unique coverage requirements of their construction and fulfilled.” Projects.
“We look forward to expanding our relationship with Catalytic and DUAL North America as we expand our construction risk portfolio in the market.”
Jon Knouse (pictured), chief property officer of DUAL North America, noted that the collaboration with QBE will allow Howden’s own underwriting business to “reach new heights” by providing the construction market with additional coverage and expertise offers.
“The combination of QBE’s strength and experience, our underwriting expertise led by Kaycie Cook and the claims processing capabilities of Catalytic Claims Services positions us to pursue new opportunities in this market,” emphasized Knouse.
DUAL operates in 14 locations throughout North America and offers property, casualty, financial lines and surety products in its role as a specialty program manager. In 2023, DUAL North America processed more than $1.5 billion in gross written premiums across more than 45 insurance products.
Meanwhile, QBE, whose commercial program portfolio includes both property and workers’ compensation insurance, is committed to helping its customers address individual risks through tailored coverage.
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2024-05-31 11:57:43
www.insurancebusinessmag.com
