New CRO appointed in DUAL management reshuffle

Current DUAL International chief underwriting officer Paul Ferris is to become chief risk officer for the DUAL Group, effective immediately.

Ferris will be responsible for overseeing risk, compliance, claims and underwriting governance.

The management reshuffle at DUAL, the underwriting arm of Hyperion Insurance Group, is the next phase of its structural strengthening following a strategic review.

DUAL International deputy chief executive Shane Doyle will take on the new role of chief executive of DUAL’s UK businesses, and will also become DUAL Group chief underwriting officer.

Russell Kilpatrick, in addition to his role as chairman of DUAL UK, will take on the new role of global markets executive director at DUAL International. He will be tasked with supporting DUAL’s specialist product and geographic expansion.

Dual International chief executive Damien Coates said: “The appointment of a chief risk officer is an important step for DUAL. Taking a holistic approach to managing risk will be vital to our continued growth and success, and Paul’s experience and skills make him the ideal choice for this new role.”