Russell Kilpatrick appointed to DUAL International Board

10.07.08

23 April 2007: DUAL International, a specialist underwriting group with a specific mandate for mid-market business and part of the Hyperion Insurance Group, has today announced the appointment of Russell Kilpatrick to its Board.

Russell is Managing Director of DUAL Corporate Risks, the UK operation of DUAL International, a role that he has held since 2003. Under Russell’s leadership, DUAL Corporate Risks grown quickly in size and opened a regional office in Manchester to complement the London operation. The business recently reported its most successful year yet, with GWP exceeding €40 million coupled with impressive underwriting returns. These results were a core contributor to DUAL International’s continued growth with figures for 2006 surpassing the €100 million mark – a 26.5% increase on 2005.

Commenting on Russell’s appointment to the Board, Chairman Stephen Crowther said: “Russell has been at the heart of DUAL’s growth over the past few years, and we greatly value his knowledge and experience as well as his enthusiasm and energy. I am delighted to welcome him to the Board as DUAL enters a new phase in its evolution, and looks to expand not only its geographic presence but also its product reach.”

Backed by top quality underwriting capacity, DUAL International now operates seven offices in five countries: UK, Spain, Germany, Italy and Australia. The group focuses on underwriting business critical risks including D&O, professional liability, pension trustee liability, employment practice liability, commercial crime, and fraud.