As part of DUAL Group’s 2027 target to become a US$5 billion GWP (gross written premium) international managing general agent, the company has promoted Olaf Jonda (pictured above) and Daniela Rubes (pictured below) to chief executive and chief financial officer, respectively, of DUAL Europe.
Prior to the appointments, which took effect on June 01, Jonda served as DUAL Deutschland managing director while Rubes was CFO for DUAL Italia. According to the global MGA, the newly created DUAL Europe region and its corresponding leadership team signify the region’s importance in the abovementioned growth plan.
“I am thrilled to welcome Olaf and Daniela to the DUAL Europe regional leadership team,” said DUAL Europe executive chair Maurizio Ghilosso, whose new role was announced in April. “They have both been with DUAL for more than 10 years, and these well-deserved promotions absolutely demonstrate our philosophy of attracting and developing the best talent in the industry.
“Olaf and Daniela bring an in-depth knowledge not just of DUAL but also of the wider European market that will be invaluable as we position ourselves for further growth.”
In Europe, DUAL currently operates from 14 locations in 10 countries. The Lloyd’s coverholder has been present in the region since 1998, which was when the group launched in Spain. DUAL Europe is manned by 200 people.
“Our ambition is to grow DUAL Europe to a US$750 million GWP business over the next five years, and Olaf and Daniela will play a significant role in delivering this growth,” stated DUAL Group CEO Richard Clapham. “Investment in talent is an important part of our strategy, and I am delighted we have filled these critical roles internally.
“I am confident that our DUAL Europe leadership team will build a regional business that continues to attract the best underwriters in the European marketplace, as well as broadening our product offering to our distribution partners and clients.”
Including the European operations, DUAL Group underwrites globally across 19 countries and has a workforce of more than 1,000 employees.