Supporting complex Financial Lines Specialty placements

Written by DUAL | Jun 15, 2026 4:45:16 AM

Our Financial Lines Specialty team works closely with brokers to support complex, nuanced and higher-hazard risks across a broad range of occupations and industries.

With dedicated local underwriters and in-house claims expertise, we take a practical, problem-solving approach to helping brokers structure cover that aligns to client needs and risk profile.

From complex professional services risks through to higher-hazard occupations and emerging industries, our underwriters work collaboratively with brokers to understand the exposure, identify solutions and support placements through to binding.

Below are recent examples of how we’ve supported brokers through collaboration on pricing, coverage and structure.

Examples of where our Specialty team adds value

For risks that require a more considered underwriting approach, our specialty team works closely with brokers to understand the client’s operations, coverage requirements and broader placement needs.

Below are examples of the types of risks we’ve recently supported.

Product	Risk type	Premium guide	How we supported the placement
Management Liability	Manufacturing	$7,800++	Following prior claims activity, the incumbent insurer declined to renew the policy with minimal notice ahead of the renewal date. As a result, the broker approached DUAL on the day of renewal seeking urgent terms. Despite the significant prior loss, the underwriter worked closely with the broker to structure a viable solution. A quotation was subsequently issued and bound within the same day, providing coverage for an insured that had experienced a complex crime claim within the preceding 12 months.
Professional Indemnity – Design & Construct	Design & Construction Contractor	$35,000++	A mid-sized design and construct (D&C) contractor undertook a new project that required execution of a collateral warranty deed with a financier, creating contractual liabilities beyond those typically imposed at law. DUAL was able to provide an extension of cover to address the additional contractual exposures arising under the agreement.
Professional Indemnity – Financial Consultant	Diversified Financial Services	$78,000++	A broker approached DUAL with a complex risk previously insured under a manuscript wording by an Australian insurer that was no longer willing to offer renewal. Following a client meeting, the DUAL underwriter gained an understanding of the insured’s operations and claims history and was able to offer terms. In addition, a Difference in Conditions / Difference in Limits (DIC/DIL) endorsement was included, aimed at addressing potential gaps in cover between the previous manuscript wording and DUAL's standard PI policy.
Investment Managers Insurance	Property Fund Manager	$17,500++	A broker approached DUAL seeking a solution for a property fund manager holding a portfolio of commercial assets. The insured was also responsible for providing both property management and facilities management services across the portfolio. DUAL structured the placement by combining the funds management exposure with the property and facilities management activities under a single IMI policy - an approach the incumbent insurer was unable to accommodate. This enabled DUAL and the broker to deliver a tailored offering with regard to coverage terms and pricing for the risk. To address concerns around continuity of cover following the insurer transition, DUAL agreed to align the continuity date with that of the prior insurer, ensuring the insured retained the full benefit of prior acts and continuity provisions.
Management Liability plus Statutory Liability	Construction	$15,000++ combined	A mid-sized construction company sought to increase its statutory liability limit due to heightened concerns around Work Health & Safety and pollution exposures. However, the insured was reluctant to purchase multiple standalone policies given the higher cost of an Evolution product compared to a Management Liability solution. In response, the DUAL underwriter restructured the program by removing the statutory liability component from the Management Liability policy at a reduced premium, and placing a standalone Statutory Liability and Supplementary Legal Expenses policy with a $5 million limit. This approach enabled the insured to achieve enhanced limits and targeted coverage while maintaining overall cost efficiency.

The examples and indicative premiums referred to above are case‑specific and reflect the particular facts, risk profile, and commercial context of each event. They are included to illustrate how cover can be structured and priced in practice. Cover may not be available for all risks. Outcomes including availability, scope of cover and premium will vary depending on the circumstances assessed.

Have a risk that needs a more tailored approach?

Speak with our Specialty team about your next placement.

Any product information discussed in this blog is subject to the terms and conditions of the policy, eligibility criteria, any additional premium for optional cover, limitations and exclusions.

The information contained in this blog is intended for licensed insurance brokers and other authorised intermediaries only. DUAL issues insurances on behalf of Certain Underwriters at Lloyd’s of London and/or Allianz Australia Insurance Limited, acting as their agent. The information is of a general nature and does not take into account the objectives, financial situation or needs of any person. It is intended for the use of professional intermediaries who are expected to consider whether it is appropriate for their clients. Before recommending or offering any insurance product, intermediaries should read the policy wording, relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) and assess whether the product is suitable for their client’s circumstances. These are available on request or via our website at DUAL Australia.

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