DUAL UK names new chief risk officer

New hire has extensive leadership and risk & compliance experience

DUAL UK names new chief risk officer

Insurance News

By Roxanne Libatique

DUAL, the specialist underwriting arm of Howden Group Holdings (Howden), has appointed Caroline Stone as the new chief risk officer (CRO) for DUAL UK, effective immediately.

Stone (pictured) has extensive experience in financial services, most recently as the chief risk and compliance officer at BGL Insurance. She was also the head of risk and compliance at Nottingham Building Society.

In her new role at DUAL, Stone is responsible for DUAL UK’s risk and compliance teams and reports to Richard Clapham, CEO of DUAL UK and DUAL Group. She has also joined the DUAL Corporate Risks board.

Commenting on the latest appointment, Clapham said: “We are delighted that Caroline has chosen to join DUAL. Our success has always been about attracting the right talent, and Caroline’s extensive risk and compliance experience will make an important contribution to DUAL and our ambitious growth journey.”

Stone added: “I am very pleased to be joining DUAL, and I’m looking forward to leading the risk & compliance function for DUAL UK. DUAL has a truly entrepreneurial culture, and I’m excited to be part of the team and play a role in the business’s exciting plans for 2023 and beyond.”

The announcement follows DUAL Europe’s appointment of five cyber underwriters to cement itself as the MGA of choice across its existing locations.

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