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AXIS to acquire renewal rights for DUAL North America excess liability
The deal also brings DUAL’s Executive Vice President of Excess Liability, John Kopach, to AXIS as Head of Wholesale Lower Middle Market based in Atlanta.
AXIS Capital Holdings has agreed to acquire the renewal rights to DUAL North America’s Excess Liability business, according to Reinsurance News. DUAL operates as a specialty program administrator and part of DUAL Group, the specialist underwriting arm of Howden Group.
As part of the transaction, John Kopach, who previously served as DUAL’s Executive Vice President of Excess Liability, will join AXIS. Kopach is set to be based in AXIS’s Atlanta office and will become Head of Wholesale Lower Middle Market.
AXIS said it expects a seamless transition for brokers and policyholders, with limited interruption of service as the companies work together over the coming weeks.
DUAL North America’s CEO said the move reflects how the long-standing relationship with AXIS continues to grow, adding that it positions DUAL to focus on portions of its Casualty business it views as having the clearest path to lead.