DUAL body corporate insurance — NZ panel profile
Specialist underwriting agency, part of Howden Group; commercial property and specialty-line participation including body-corporate property layers.
About DUAL as a NZ body-corp insurer
DUAL New Zealand Limited is the New Zealand arm of DUAL International, the specialist underwriting agency division of the Howden Group. As a Managing General Agent (MGA), DUAL underwrites on behalf of international insurance capacity providers — including A-rated carriers and Lloyd's syndicates — rather than holding its own balance-sheet risk.
For NZ body corporate insurance, DUAL participates in the commercial-property and specialty-line layers where its underwriting capacity and carrier-panel make it competitive. DUAL is publicly known for accepting risks that benefit from the MGA-led, specialist-underwriting approach — including specific construction types, claims-history profiles, and sum-insured ranges where the carrier panel behind DUAL is competitive. DUAL distributes through brokers in NZ.
For a body corporate committee, DUAL on the quote list typically indicates that the FCIB broker has accessed DUAL's specialist capacity for the risk — either as the placing carrier for the property section or as a co-quote where DUAL's panel matches the risk shape better than the direct carriers.
Publicly-known DUAL body-corp appetite
- Commercial property and commercial-strata risks
- Specialty-line participation including body-corp liability layers
- Risks suited to MGA-led, specialist-underwriting approach
- Construction types and sum-insured ranges within DUAL's carrier-panel appetite
Appetite is descriptive only — based on publicly-stated focus areas. Final acceptance is always at the underwriter's discretion. FCIB confirms appetite per submission before quoting.
FCIB panel positionWhat this means for your body corporate
FCIB holds an active DUAL agency. DUAL is quoted on FCIB body-corp submissions where the risk fits DUAL's carrier-panel appetite, either as the placing carrier or as a co-quote.
Policy wordingDUAL body-corp wording (clauses & exclusions)
DUAL Body Corporate wording PDF not yet ingested.
FCIB will provide the current binding wording on placement. For pre-bind clause questions, request the latest PDS via the quote form — we forward it on placement.