Dale Underwriting Partners (DUP) has announced that Matthew Sims and William Taylor will be joining DUP to advance its treaty portfolio offering beyond P&C and into marine, effective November 2022. They are both renowned leaders in marine XoL treaty and each bring more than two decades of experience.
DUP’s expansion into marine treaty is at an inflection point in the sector as aviation, war and terror risks are likely to break out of composite programmes in 2023 as a result of the conflict in Ukraine. Sims’ and Taylor’s arrival reflects DUP’s vision of being recognised as independent, entrepreneurial experts operating in a highly respected, medium-sized underwriting business and to provide focus and leadership in core business lines where the company possesses the expertise, platform, relationships and the access desired in the Lloyd’s market. DUP entered the upstream energy space in January 2021 with the hire of Matthew Holmes.
Dominic Peters, active underwriter at DUP, said: “We are thrilled to announce the appointments of Matthew and William. Both are well positioned to respond to developments and opportunities in the market as they are recognised leaders in their space and have long-standing experience – with the ability to be flexible and innovative on product and process to support our clients and accommodate these risks, organically growing the portfolio. It is a testament to Dale that we are able to attract such highly regarded market professionals.”