’We are delighted to welcome them to Dual,’ says chief executive

Dual has acquired David Ashby Underwriting (DAU) as it looks to enhance its capabilities in the equestrian sector, a statement released today (7 August 2023) said.

DAU is a managing general agent (MGA) specialising in bloodstock and high value sports horse insurance.

Dual, the specialist underwriting arm of Howden Group Holdings, said the acquisition would “cement” the firm as a leader in bloodstock underwriting.

Richard Clapham, Dual chief executive, added: “David Ashby has a long-standing reputation for excellence and they bring a real passion for the equestrian sector,” he added.

“We are delighted to welcome them to Dual.”


As part of the deal, DAU’s team of ten, including eight underwriters, will join Dual with immediate effect.

David Ashby, who leads DAU, said the firm was “excited” to join Dual.

”Not only are they one of the largest and most diverse MGAs in the world, they also share our focus on excellence in underwriting,” he said.

”We did not choose our future home lightly and I am looking forward to working with Richard and the Dual team.”

‘Very grateful’

DAU was formed in 2020 following Ashby’s acquisition of Amlin’s bloodstock and livestock book.

This was supported by Blunt Palmer Brown Ventures (BPB).

Jonathan Palmer-Brown, chairman of BPB, said the board ”is very grateful for David and his team’s hard work”.

“We wish them all the best in their future at Dual,” he said.

”We have enjoyed working together and are happy they are joining a firm with such a strong commitment to bloodstock.”