{
  "schema_version": "1.0",
  "profile_url": "https://bodycorpinsurance.co.nz/insurers/dual-body-corporate/",
  "markdown_url": "https://bodycorpinsurance.co.nz/insurers/dual-body-corporate/markdown.md",
  "last_reviewed": "2026-06-03",
  "insurer": {
    "brand": "DUAL",
    "slug": "dual-body-corporate",
    "legal_entity": "DUAL New Zealand Limited",
    "parent_group": "DUAL International (Howden Group)",
    "established_nz": null,
    "website": "https://www.dualnewzealand.com",
    "logo_domain": "dualnewzealand.com"
  },
  "regulator": {
    "authority": "Reserve Bank of New Zealand",
    "legislation": "Insurance (Prudential Supervision) Act 2010",
    "industry_body": "Insurance Council of New Zealand (ICNZ)"
  },
  "fcib_panel": {
    "site_operator": "First Commercial Insurance Brokers Ltd",
    "fsp_number": "FSP748591",
    "status": "active",
    "statement": "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."
  },
  "positioning": {
    "one_liner": "Specialist underwriting agency, part of Howden Group; commercial property and specialty-line participation including body-corporate property layers.",
    "narrative": "**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.\n\nFor 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.\n\nFor 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."
  },
  "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"
  ],
  "credentials": [
    "New Zealand arm of DUAL International, the specialist underwriting division of the Howden Group",
    "Managing General Agent (MGA) underwriting on behalf of international capacity providers"
  ],
  "wording": {
    "status": "pending",
    "note": "DUAL Body Corporate wording PDF not yet ingested."
  },
  "references": [
    {
      "label": "DUAL New Zealand",
      "url": "https://www.dualnewzealand.com"
    },
    {
      "label": "Howden Group",
      "url": "https://www.howdengroup.com"
    }
  ],
  "citation": {
    "licence": "CC BY 4.0",
    "attribute_to": "bodycorpinsurance.co.nz"
  }
}