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Dale Partners Receives In-Principle Approval to Launch Lloyd s Managing Agency
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New managing agency to launch at Lloyd s following in-principle
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Lloyd’s Syndicate Dale and DUAL Launch MGU with Focus on U.S. Property Insurance December 21, 2020
Dale Underwriting Partners and DUAL announced a new joint venture, Dale DUAL MGU Ltd. (DDML), in collaboration with Aviva with immediate effect. This partnership has been brought together by Howden Reinsurance Broking led by head of Global Specialty Reinsurance, Gordon Craig.
As part of this collaboration, UK insurer Aviva has entered into a three-year agreement to offer capacity on mid-market global commercial property business written by Dale’s property insurance team and focusing primarily in the U.S. market. The initial focus of DDML will be to bring additional capacity to the existing Dale underwriting teams.