DUAL Europe, a part of Howden, has launched a cargo insurance coverage enterprise, increasing its marine portfolio.
This follows the launch of its Marine hub in September 2023.
Chris Wittoeck, with greater than 25 years of expertise in marine cargo underwriting, assumes the position of head of Cargo at DUAL Europe.
His profession contains key roles at numerous insurance coverage entities together with Jean Verheyen (AXA Group), 24Vision Insurance coverage Options, Groupe Eyssautier, AMLIN and AXA Company Options.
Wittoeck’s workforce at DUAL Europe will embody Marc Stoopman, who takes on the place of lead underwriter Cargo for the Benelux area.
Stoopman’s insurance coverage profession spans three many years and contains experience in marine, cargo and logistics.
Beforehand, he had stints at TenneT, Marsh, Starr Underwriting Brokers (Lloyd’s) and Overvliet Assurantiemakelaars.
The workforce is predicted to develop, with plans to recruit further specialists, beginning in Germany and subsequently extending to different European markets.
DUAL Europe cargo insurance coverage protection contains all dangers and extra cargo-related extensions akin to Waterborne Conflict Worldwide.
It’s designed to serve a various clientele together with exporters, freight forwarders, importers, producers, producers, highway carriers and merchants.
It additionally covers cargo property and legal responsibility, inventory and transit, and is open to all varieties of cargo. Shoppers may have the choice to decide on between lead and observe traces underwriting.
In the intervening time, cargo claims will likely be managed by Femke Nollet, head of Claims at DUAL Benelux, till a specialised cargo claims unit is put in place.
DUAL Marine Europe MD Aram Stoop stated: “During the last two years, our marine enterprise has grown dramatically with improbable help from our community of brokers. This new addition to our marine proposition is pushed by the demand for a solution-driven strategy, together with area of interest sectors.
“In difficult market circumstances, management is crucial for a sustainable aggressive benefit. Our workforce will work intently collectively to ship actually client-focused options.”
Lately, DUAL Group teamed up with KYND to enhance its cyber insurance coverage choices, beginning with a rollout in Australia and New Zealand earlier than increasing globally.
