AXIS Insurance collaborates on new environmental risk offering

AXIS Insurance has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, to provide a broad environmental risk product offering for contractors, consultants and engineers in the United States.

DUAL North America will operate as a managing general agent (MGA) on behalf of AXIS to distribute and underwrite a suite of multi-product environmental coverages. This will include providing small and mid-sized businesses with the flexibility and assurance they need when working on projects associated with the removal of underground storage tanks, abating asbestos and remediating contaminated soil, among other highly specialised environmental projects and services.

“As the environmental risk market grows, small and mid-sized businesses need versatile solutions to safeguard against pollution-related risks within the increasingly changing environmental landscape,” said Richard Zarandona, executive vice president of design professional, environmental and surety at AXIS Insurance. “DUAL North America is one of the leading MGAs in this market, and we are proud to partner with them to provide businesses, consultants and contractors with more flexible environmental coverages.”

“DUAL North America is delighted to partner with AXIS, one of the leading carrier partners within the environmental risks marketplace,” said Dean Cross, executive director of DUAL North America. “The decades of collaborative underwriting experience of DUAL and AXIS yield a robust offering for wholesale trading partners within the environmental risk industry, while providing sophisticated coverages to insureds.”