DUAL, one of the world’s largest managing general agents (MGAs) and part of Howden, has partnered with global reinsurer SCOR to enhance capabilities in the Brazilian corporate insurance market.
According to reports, under the agreement, DUAL Brazil and SCOR will provide services in property, casualty, professional indemnity (PI) and directors and officers (D&O) lines.
DUAL explained that the partnership addresses the growing demand for complex corporate insurance solutions in Brazil by bringing new capacity to the market.
The MGA continued: “This will enable brokers to deliver greater value to clients through enhanced selectivity, superior technology and stability.
“Brokers and their clients will have access to higher limits for complex risks, broader coverage tailored to local needs and faster, more agile service.
“This is all supported by DUAL’s deep regional expertise and SCOR’s expertise in building and supporting MGA partnerships.”
Francisco Vogt Marques, Managing Director of DUAL Brazil, commented: “Our partnership with SCOR reinforces our commitment to delivering capacity, agility and technological excellence to the Brazilian market.
“Working with our subsidiaries and operators, DUAL delivers powerful and efficient solutions tailored to local needs, and we are excited to expand our services to brokers and clients.”
