DUAL Climate Risk & Resilience team launches two new products to unlock investment and protect asset values

London, 13 May 2025 – DUAL’s Climate Risk & Resilience team has launched two new products aimed at providing insurance to help owners and investors protect the value of their assets and unlock finance during the transition to a sustainable economy. These products come ahead of the UK Real Estate infrastructure and investment Forum (UKREiiF) in Leeds on 20-22 May.

The real estate industry’s transition to net zero is accelerating, increasingly reflected in asset pricing. Insurance has an important role to play in both unlocking investment and protecting asset values through many stages of a building’s life cycle. 
DUAL Energy Efficiency Retrofit (EER) insurance is specifically designed to help provide energy performance certainty to asset owners, investors and contractors, undertaking the retrofitting of  buildings. It is designed to make retrofitting assets investable and facilitate external financing if required. 

DUAL EER covers three key areas: certainty of energy reduction; asset performance; and any lost energy revenue creation. The product is targeted at all real estate owners; social housing and public sector; commercial and industrial real estate investors; and lenders.

The second product responds to the rise in awareness around the impact that environmental and biodiversity risks have on real estate. Reporting requirements are becoming increasingly important to owners and investors, and consequently, environmental factors are now seen as a significant threat to an asset’s liquidity, invest-ability and value. 

DUAL Environmental Investment Protection (EIP) insurance is designed to protect property values against environmental and biodiversity risks in property transactions, financing and during M&A activity. 

DUAL EIP is focused on land and built assets where owners or investors are buying or selling, financing and/ or developing. The product is designed to provide confidence to all stakeholders that their capital is not at risk if their assets’ environmental performance changes due to known, or future contamination risks and future legislation changes. 

Simon McGinn, CEO, DUAL UK, said: “Climate events continue to focus minds on the role insurance can play in building resilience. The development of two new products under the DUAL umbrella is a fantastic example of how MGAs can provide insurance for emerging and niche risks. Our highly experienced underwriters are acutely attuned to the needs of the market, and I am excited to see DUAL pushing boundaries in our range of products and building out our portfolio even further. 

“I am delighted that our ability to write specialty business with these innovative products will inject new opportunities and help unlock growth for our clients in the real estate industry.”

Rob Best, Managing Director, Climate Risk & Resilience, DUAL UK said: “As legislation and the need for decarbonisation place increasing demands on the property industry and pose threats to property values, the real estate industry is increasingly aware of the need to mitigate these challenges. 

“My team and I have worked closely with the real estate industry to understand how insurance can assist in protecting property values and provide the reassurance to make transactions and projects fundable. We are able to help a range of real estate stakeholders from owners and investors to developers and lawyers, at various stages in a building’s life cycle. The two new DUAL products recognise that providing the certainty to secure funding and protecting investment for projects is key to achieving net zero targets.

“We are very excited about the launch of our products and the opportunity to discuss them with a wide range of interested parties. We know that both the Energy Efficiency Retrofit and Environmental Investment Protection products will enable a range of stakeholders to respond effectively to the emerging risks and opportunities associated with the drive towards net zero.”