DUAL North America, part of Howden Group, has joined forces with Homebound Insurance Exchange through DUAL Personal Lines.
The tie-up will focus on insurance solutions for manufactured homes, dwelling fires and homeowners, providing “new capacity” and enhanced services to brokers and clients.
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This partnership, which operates on a member surplus contributions model, is set to offer “financial stability” and “long-term security” to policyholders.
DUAL Personal Lines intends to increase its capacity offerings and extend its geographic reach, beginning with an expanded presence in Texas and plans to move into more states soon.
Homebound Insurance Exchange, founded in 2024, operates as a member-focused reciprocal exchange.
DUAL Personal Lines chief personal lines officer Andy Swindall said: ”Our partnership with Homebound Insurance Exchange represents a transformative step forward for DUAL. This collaboration will allow us to enhance our service offerings and extend our coverage capabilities, ensuring we can provide even more comprehensive and tailored insurance solutions to our clients.
“This partnership underscores our unwavering commitment to delivering competitive coverages that meet the evolving needs of our clients. By joining forces with Homebound Insurance Exchange, we are poised to offer innovative and robust insurance products that will greatly benefit the communities we serve.”
Last month, DUAL North America consolidated its North American subsidiaries under a unified DUAL brand.
The subsidiaries include Nation’s Builders Insurance Services, Align General Insurance Agency, Catalytic Risk Managers, NALICO General and EIURS.
Additionally, in December 2024, the company named Andreas Graham as executive vice-president of the EIURS division and Ed Frey as senior vice-president of Professional Liability.
