We are excited to announce the launch of a new business line offered by our specialist Title Insurance team, DUAL Asset, led by Chris Hammond, Head of Asia Pacific, based in Melbourne.
We are excited to announce the launch of a new business line offered by our specialist Title Insurance team, DUAL Asset, led by Chris Hammond, Head of Asia Pacific, based in Melbourne.
The primary focus will be:
- Real estate transactions involving commercial real estate located in Australia, New Zealand, Hong Kong and Singapore; and
- M&A transactions involving target companies and trusts across markets including Australia, New Zealand, Hong Kong, Singapore, Japan and South Korea.
The product range includes:
- Title to real estate (including the ability to cover identified issues or defects)
- Title to securities, such as shares, units and comparable ownership interest (including the ability to cover identified issues or defects)
- Fundamental warranty top-up insurance (also known as "excess W&I")
Title insurance products are designed to help sellers, buyers and financiers manage and allocate certain legal and financial risks associated with (or identified during) a transaction process. AXA XL, DUAL Asset’s long standing title insurance capacity partner, is providing capacity for the full product range via its Syndicate 2003 at Lloyd’s. Insurable limits of up to USD 150 m per policy are available.
The launch of the DUAL Asset products in ANZ is the first exciting step for us in building out a full transaction risk offering across ANZ.
Want to know more about DUAL Asset or Title Insurance: Contact us