DUAL Australia has announced the launch of its latest specialty product: warranty and indemnity (W&I) insurance. This new addition aims to serve a diverse range of sectors, including real estate, renewables, infrastructure, manufacturing, and technology.
The W&I insurance product is designed to cover financial losses resulting from breaches of warranties or indemnities in mergers and acquisitions (M&A) deals. Jordan Schwarz, Head of M&A, will spearhead this initiative from the company’s Sydney office.
This new offering will be underwritten by DUAL’s newly established Transaction Solutions team, in partnership with Lloyd’s carriers.
The introduction of this product follows the April rollout of DUAL’s ANZ Title Insurance, which is managed by Chris Hammond.