D
UAL, a leading managing general agent (MGA), has launched two new insurance products to support real estate stakeholders in meeting environmental regulations and performance standards. The products aim to mitigate climate-related risks and promote sustainability in the industry.

    The first product, EER (Energy Efficiency Retrofit) insurance, is designed for building retrofits, providing certainty around energy performance. It covers energy reduction, asset performance, and compensates for lost energy revenue. This product targets a broad range of real estate stakeholders, including social housing providers, public sector organizations, and commercial and industrial investors.

    Complementing EER, DUAL's Environmental Investment Protection (EIP) insurance mitigates risks associated with environmental and biodiversity factors in property transactions. It protects property values by offering protection against contamination risks and future legislative changes.

    The launch of these products precedes the UK Real Estate Infrastructure and Investment Forum (UKREiiF), set to take place in Leeds from 20-22 May. DUAL's UK CEO, Simon McGinn, said: "Climate events highlight the importance of insurance in building resilience. Our new products demonstrate how MGAs can provide innovative solutions for emerging risks."