DUAL Latin America has partnered with Liberty Specialty Markets Latin America (Liberty), a division of Liberty Mutual Insurance Group, to provide enhanced middle-market property and financial product servicing capabilities to brokers and clients in the region.
The partnership is reportedly in response to growing market demand, with a focus on real estate operations in Mexico and Central America, as well as financial operations in all countries in the region.
“Property insurance accounts for a large share of property insurance premiums in the region, while financial insurance continues to gain momentum as organizations seek to provide stronger protection against changing regulatory requirements,” explained DUAL.
This new agreement builds on the strong global relationship between the two companies, combining Liberty’s financial strength and commitment to sustainable growth with DUAL’s underwriting expertise, regional distribution network and advanced capabilities to provide greater capabilities for property and finance businesses.
“Brokers and clients will benefit from broader coverage and more robust market solutions powered by DUAL Latin America’s continued investment in technology-driven processes and data analytics. This will enable faster, more accurate underwriting decisions and enhanced protection against evolving regulatory risks,” DUAL said.
Marilena Rodriguez, CEO of DUAL Latin America, commented: “Our partnership with Liberty marks another milestone in our journey to become the partner of choice for brokers and clients in Latin America.
“By combining deep local expertise with global capabilities, we have laid the foundation for a multi-line product offering, delivered with technical excellence and agility to accelerate time to market. This agreement reinforces our commitment to innovation and customer success across the region.”
Manuel Moreno, president of Latin America and the United States for Liberty Specialty Markets, said: “We are pleased to partner with DUAL to provide solutions to meet the growing needs of clients and brokers in Latin America.
“With this agreement, DUAL and Liberty strengthen their regional footprint, combining innovation and a customer-centric approach to better serve local markets.”
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