Specialist underwriting agency Dual Australia has a new COO following the appointment of former Calliden Underwriting Director Peter Bailey.

He will be charged with leading business development in the Asia-Pacific region as Dual prepares for further product and geographical expansion.

The agency claims a compound annual revenue and profit growth rate of more than 30% since being established in 2004.

“In order for us to continue the linear growth we identified the need to enhance our management team,” Dual MD Damien Coates said.