DUAL Group, an international professional underwriting institution, announced the launch of global transaction risk products with long-term global support led by Liberty.
The unified offering combines DUAL’s expertise in Warranty & Indemnity/Representation & Warranty, Tax, Contingency, Title and Climate Risk & Resilience into a single global practice.
This development is in line with DUAL’s goals to strengthen cross-regional collaboration, improve client outcomes, enhance capabilities and provide more consistent and professional services to brokers and clients around the world.
As its global capabilities expand, DUAL brings together more than 80 underwriters in 11 jurisdictions across the Americas, UK, Europe and ANZ, with plans to further expand geographically and talent in the future.
The model combines global scale with strong local market expertise, supported by dedicated claims teams, ensuring underwriting is always adapted to regional dynamics while benefiting from shared technology, analytics and governance frameworks.
Richard Clapham, CEO of DUAL Group, said: “Transaction risk is an increasingly important and fast-growing area of the market, driven by more complex transactions and growing client expectations. As transactions continue to grow in size, cross-border and become more complex, the need for specialist underwriting and consistent, high-quality execution has never been greater.
“DUAL has set a clear long-term ambition to build a sustainably profitable trading risk underwriting portfolio, with a target of £500 million in total written premiums by 2030.”
Paul Smith, head of transaction risk at DUAL, added: “DUAL’s broad capabilities and continued investment ensure we can confidently support our markets in an increasingly complex trading environment. Looking ahead, we expect strong and growing demand for transaction risk solutions. Insurance is already a key component of the transaction process, but we are now seeing growing customer demand for complex multi-product solutions supported by complex claims handling processes.
“By consolidating our capabilities into a global platform, DUAL is strengthening its ability to provide more coordinated and seamless services to brokers and clients. This allows us to combine the advantages of scale, including shared expertise, data and insights, with local market knowledge, which remains critical to underwriting success.”
Transaction risk insurance enables transaction participants to protect themselves against unforeseen contingent liabilities that may arise after the transaction is completed. By helping to bridge the gap in compensation expectations between buyers and sellers, this insurance supports smoother negotiations and increases confidence in the transaction process. This helps speed up transaction timelines and reduces the risk of post-completion disputes.
Stephen Tompson, Head of Super Insurance Holders at Liberty Specialty Markets, said: “We are delighted to be leading the launch of the global trading risk product. In such a volatile business environment, defining trading risk coverage is critical for a streamlined and efficient process. Today’s announcement gives brokers and clients greater peace of mind during the trading risk process.”
