DUAL NORTH AMERICA PASSES $300M GWP AND ANNOUNCES PLANNED SUCCESSOR TO CEO
06 October 2017
DUAL North America, a member of the DUAL Group and Hyperion Insurance Group, has reached a milestone, passing $300M GWP.
DUAL North America is comprised of underwriting teams with a wealth of experience and expertise in their chosen fields delivering P&C Specialty Programs. Through its strong relationships with carrier partners and broker clients, as well as its commitment to technology, DUAL North America is well positioned to maintain the growth and performance of its unique programs and to continue to serve as a leading specialty program manager.
As the company looks to the future, DUAL North America has announced Justin Tweedie will be succeeded as CEO by Jon Beckham effective January 1, 2018, at which time Tweedie will assume the role of Chairman of the Board of Directors. Beckham will also join DUAL Group’s regional management board. Tracy Keill will remain as CFO. The board is confident that this progression will allow DUAL to continue its steady growth and integration of additional strategic partners, whilst ensuring strong performance of the company’s underwriting results.
Beckham joined the company in 2013 and has taken on increasingly senior roles including responsibility for marketing and new business development and, in more recent months, has been responsible to the DUAL North America Board for oversight of operational support teams.
Beckham joined the company with over 20 years of insurance industry experience across both MGAs and insurance carriers.
Tweedie has been with the company since its inception in 2004 and has held the title of President and CEO for over ten years. He has led the company’s growth through several successful acquisitions as well overseeing the transition of the US group following its purchase by Hyperion in 2013.
Tweedie commented: “Jon has played a key role in the past three years in developing our long-term goals and I am confident he will be a strong leader as we execute our strategy in our next stage of development. I look forward to working with him as he transitions into this new role.”
David Howden, CEO of Hyperion, said: “I am delighted for the business as they celebrate reaching this milestone. Under Justin’s leadership, since they joined the group in 2013, they have trebled their GWP by joining with quality teams and expanding their strategic carrier partnerships. It is an impressive story and I am excited for the future of DUAL North America.”
I am delighted for the business as they celebrate reaching this milestone.
- David Howden, CEO, Hyperion
T: + 44 (0)20 7648 7144