AmTrust Financial Services has acquired the middle market management liability business of specialty program administrator DUAL North America, which includes its underwriting team and renewal rights to the portfolio.

As part of the transaction, seven DUAL professionals will join AmTrust’s EXEC unit.

“This acquisition represents an excellent, complementary addition to an already strong business at AmTrust,” said Jim Seymour, senior vice president, AmTrust EXEC. “We’re confident that in addition to being successful with the renewals, we will be able to grow the client base across new classes. The addition of this middle market team and portfolio is a definite enhancement to AmTrust’s presence in the private management liability space.”

DUAL North America Management Liability is a nationwide admitted program for both for-profit and not-for-profit entities. The portfolio includes directors & officers liability, employment practices liability, fiduciary liability and crime coverage.

AmTrust Financial Services is a multinational insurance holding company that offers specialty property and casualty insurance products, including workers compensation, business owner’s policy, general liability, and extended service and warranty coverage.