February 18, 2016…DUAL is pleased to announce the acquisition of Chelsea Risk Management, Inc., a marine insurance agency based in San Francisco which specializes in coverage for ports, terminals and logistics operators.
“We are excited to enter the Marine arena in North America and this product offering will expand DUAL’s burgeoning programs. Andrew Morgan and Julian Strokes will rely on their years of experience in the Marine insurance Industry and with them, we will look to build out from their core product lines into other areas of the Marine Industry,” Justin Tweedie, CEO, DUAL Commercial.
The president of CRM, Andrew Morgan, said “We are delighted to be joining the DUAL team and believe that becoming part of the world’s largest international insurance underwriting agency will give us the ideal platform to expand our offering to the global marine market.”
About DUAL Commercial
DUAL Commercial LLC is a leading Specialty Program Administrator offering property & casualty products through several specialized subsidiary companies. DUAL Commercial currently has 11 underwriting offices throughout North America that underwrite and manage unique insurance programs utilizing advanced technology and simplified distribution methods. DUAL Commercial is a part of the DUAL Group, which is the world’s largest international underwriting agency and Lloyd’s largest international coverholder with offices in 17 countries.