Specialist underwriting agency Dual Corporate Risks has announced another first, launching an e-business strategy targeting small businesses.
The strategy will see the launch of an e-business facility for Dual’s professional Indemnity, directors and officers and the property & casualty packages. The e-business facility, aimed at micro SME business, is planned for launch in October 2010.
Steven Price, Director of Property and Casualty, commented: “distribution for SME business is increasingly web-based and this is driven by customers’ preferences in their buying habits and the need for automated, 24/7/365 self-service capability.”
Russell Kilpatrick, Executive Chairman commented: “E-trading micro SME business is an area that has significant development potential and has historically delivered strong profit for underwriters and this development fits closely with Dual’s ambitions of driving profitable business and offering exceptional service.”
Developing an e-business strategy for micro SME business is stage two of Dual’s product development and diversification plan, stage one of which saw the launch of the Property & Casualty division in July. Dual will be looking to make appointments to lead the development of the e-business strategy in the near future.
