DUAL UK completes acquisition of International Passenger Protection

Acquisition expands MGA’s product range in the UK

DUAL UK today announces it has completed the acquisition of International Passenger Protection (IPP), approved in both the UK and Malta. This acquisition positions DUAL UK as a leader in the travel financial failure insurance market.

Founded in 1990 by Brian Mclean, IPP is an MGA based in Kent, with a subsidiary presence in Malta. IPP provides cover against insolvency of Tour Operators/Airlines and End Suppliers. The business offers a range of products all geared towards financial failures, protecting travelling consumers against critical failures which lead to the insolvency or default of travel related corporates.  

Simon McGinn, CEO, DUAL UK said: “I am delighted to officially welcome IPP to the DUAL UK portfolio. IPP has been a pioneer in the travel insurance sector for over 30 years, protecting travelling consumers by offering a range of products geared towards financial failures by travel businesses.

“This acquisition positions DUAL as a market leader in travel financial failure insurance. It will allow IPP to grow further as it collaborates with colleagues across DUAL and the wider Howden business, accessing DUAL’s broker network and carrier partners.”

Brian Mclean founder and Chair of IPP said,

“Joining one of the world’s leading MGAs offers the company and the team great opportunities for development and growth. We gain access to the expertise and experience of DUAL, along with a network of brokers, and other wider benefits that will ultimately allow us to deliver even greater value to our current, and future, clients. Our clients can also look forward to benefiting from the scale that being part of DUAL will bring. I’m delighted that Steve has agreed to join IPP to lead the team and grow the business further.”

Steve Barker has been appointed Managing Director of IPP and added, “Brian has built a great business and a fantastic team that I have been privileged to get to know over the last few months. This is the start of an exciting new chapter for IPP as it becomes part of a much larger and established business. I’m delighted that Brian has agreed to stay with the business in the role of Non-Executive Chair and support me as we move the business forward.”