’It’s a powerful example of collaboration, expertise and commitment to drive progress in the renewable energy sector,’ says chief underwriting officer
Howden-owned MGA Dual UK has secured a capacity deal with insurer Axa over its new natural resources product.
Dual UK’s natural resources proposition is designed for projects using renewable energy technologies such as solar, wind power and hydro.
It provides cover up to £50m, with a target premium range up to £150,000 from £2,500 minimum premium. The launch comes as the MGA expects the demand for tailored protection products for renewable energy projects to rise significantly.
Catherine Dixon, chief underwriting officer at Dual UK, said: ”With the backing of an A+ rated carrier, this launch demonstrates how Dual continues to successfully extend into new sectors, supporting clients with their drive to net zero.
“It’s a powerful example of collaboration, expertise and commitment to drive progress in the renewable energy sector.”
Development
The product has been developed by Steve Kelly, who joined the MGA in January 2025.
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He has over 35 years’ experience in the insurance industry and technical knowledge of the construction and natural resources market.
Kelly said: “Following significant investment in our construction capabilities, I’m confident that our new natural resources insurance product will position Dual as the leading MGA in selected renewable technologies.
”The launch of this product represents a strategic commitment to supporting clients as they navigate the complexities of the energy transition.
“We’re dedicated to enabling progress through responsible insurance solutions, ensuring that risk protection not only safeguards projects, but actively empowers sustainable energy development. By combining technical expertise with a forward thinking approach, we aim to contribute meaningfully to the UK’s journey toward net zero and help shape a resilient, low carbon future.”
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