DUAL UK Secures 5-Year Capacity Deal with Zurich and Liberty for New Commercial Combined Product

DUAL UK, a subsidiary of insurance intermediary Howden, has announced a five-year capacity deal led by Zurich Insurance, along with Liberty Specialty Markets, to support its new regional Commercial Combined product. The product is aimed at businesses outside London with premiums between £10,000-£50,000 and offers a flexible, modular policy structure. This deal is part of DUAL's growth plan, designed to help brokers grow their businesses.

Charlotte, North Carolina - Truist Financial Corporation (NYSE: TFC), a leading financial institution, has introduced the Business Premium Visa Infinite credit card, targeting small businesses with significant annual expenditures. This is the first super-regional bank to offer a Visa Business Infinite product, according to InvestingPro analysis, which currently assesses Truist as undervalued based on its Fair Value assessment.

The new card offers 2% unlimited cash back with an additional 10% loyalty cash bonus when rewards are redeemed into eligible Truist Business Deposit accounts. Approved clients can access unsecured credit lines ranging from $15,000 to $100,000. Additionally, the card includes a $1,000 welcome bonus for customers who spend $15,000 in eligible purchases within the first 90 days. The annual fee of $299 is waived for the first year and in subsequent years for businesses spending more than $100,000 annually.

"This card is designed for business owners who want premium benefits without the hassle," said Chris Ward, Truist Head of Enterprise Payments, in the press release announcing the launch. The card also features no foreign transaction fees, 24/7 concierge service, trip delay coverage, auto rental protection, and price protection.

The card will be exclusively available through Truist branches and business banking teams. Denise Press, Head of Small Business, NA, Visa Commercial Solutions, said the card "reflects our shared focus on enabling smarter, more efficient ways for businesses to manage spend and reinvest in growth."

Truist, headquartered in Charlotte, North Carolina, reported total assets of $544 billion as of June 30, 2025, positioning itself as a top-10 commercial bank in the United States. The bank has demonstrated strong financial performance with $18.17 billion in revenue and maintains an impressive 53-year streak of consecutive dividend payments Truist launches premium visa card for small businesses with high spend^[1].

In other recent news, Truist Financial Corporation has announced its latest quarterly earnings, declaring a regular cash dividend of $0.52 per common share, set to be paid on September 2, 2025, to shareholders of record as of August 8, 2025. The company has also made significant leadership changes, appointing Jenna Kelly as head of the Consumer and Retail practice group within Truist Corporate Banking and Travis Rhodes as North Carolina West regional president for its Commercial Banking business.

Meanwhile, Wells Fargo downgraded Truist Financial from Overweight to Equal Weight, citing concerns about the company’s growth strategy despite a new five-year investment plan. Truist has also updated its bylaws to revise board procedures and director age limits, enhancing disclosure requirements for shareholder proposals and director nominations. Enterprise Financial Services Corp has appointed Lars C. Anderson to its board, expanding the board size from 11 to 12 members Truist launches premium visa card for small businesses with high spend^[1].