London-based Dual International CEO Shane Doyle is leaving the company to begin an independent venture.

Mr Doyle was CEO of Zurich Australia and New Zealand from February 2010 to June 2012.

David Howden, CEO of Dual parent Hyperion Insurance Group, says Mr Doyle “leaves us with my thanks and, as a fellow entrepreneur, with my best wishes for his next venture”.

He says Mr Doyle “has led Dual during a transformational two-year period”.

“Shane has overseen major product and geographic diversification, the creation of a robust risk and governance structure, and the establishment of our hub management structure of North America, Europe and Asia-Pacific,” he said.

Group Chief Underwriting Officer Talbir Bains, who joined Dual in March from QBE, will act as interim CEO. 

Former Allianz Group board member Clem Booth, who joined Dual at the start of this month as non-executive Chairman, says Mr Doyle “has been instrumental in building Dual to the company it is today”. 

Mr Howden says Dual is the world’s largest global managing general agency, with £500 million ($1.06 billion) gross written premium and “extremely high-quality capacity providers and relationships with more than 4000 brokers”.

The company has 400 employees in 15 countries.