# 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.

- **Legal entity:** DUAL New Zealand Limited
- **Parent / group:** DUAL International (Howden Group)
- **NZ regulator:** Reserve Bank of New Zealand (licensed under the Insurance (Prudential Supervision) Act 2010)
- **Industry body:** Insurance Council of New Zealand (ICNZ)
- **FCIB binder:** Active body-corp agency
- **Profile URL:** https://bodycorpinsurance.co.nz/insurers/dual-body-corporate/
- **Last reviewed:** 2026-06-03

## About

**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 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 descriptions are based on publicly-stated focus areas; final acceptance is always at the underwriter's discretion.

## What this means via FCIB

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 wording status

- **Status:** Ingestion pending
- DUAL Body Corporate wording PDF not yet ingested.

## 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

## References

- [DUAL New Zealand](https://www.dualnewzealand.com)
- [Howden Group](https://www.howdengroup.com)

## Operator

Site operator: **First Commercial Insurance Brokers Ltd (FSP748591)**, a Member Broker of Insurance Advisernet New Zealand Ltd. FCIB holds an active DUAL agency and quotes DUAL on every body-corp submission where the risk fits the carrier's appetite. FCIB is paid by commission from the placing insurer — see the [FCIB Disclosure Statement](https://fcib.co.nz/first-commercial-disclosure-nz/) for full details.

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