DUAL launches insurance for biodiversity net gain units, first at Bunloit estate
Short record: the main facts, with sources. A full case file has not been prepared.
- The record does not name which of my species, waters, soils or forests were harmed.
DUAL (Howden MGA) launched what its release describes as cover for biodiversity net gain and carbon units, first used on Highlands Rewilding's Bunloit estate. Commentators said 30-year nature outcomes are hard to insure and that the cover must exclude losses caused by landowner failure.
- DUAL (Howden MGA) — Launched its first BNG and carbon unit cover DUAL (Howden MGA)
What happened
DUAL (Howden MGA) announced in November 2025 its first cover for biodiversity net gain (BNG) and carbon units, at Highlands Rewilding's Bunloit estate, according to its press release.
According to DUAL, the cover pays for substitute units.
Bidwells said insurance 'must exclude' losses caused by landowner failure and that 30-year risks are hard to quantify.
Kennedys described such products as 'a gap in the market'.
In court and with insurers
Lawsuits and rulings
Insurers
What we don't know
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- None on record No claim under the DUAL cover is reported in the sources reviewed.
- None on record The premium, the cover limit and the number of units insured are not stated in the sources reviewed.
- None on record The sources reviewed do not say whether substitute units have been bought under the cover.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Company or project
- DUAL launches first insurance product to support biodiversity net gainDUAL (Howden MGA) · 2025-11
Connected cases
- England Biodiversity Net Gain market and Natural England statutory credits United Kingdom · 2024–2026 Related matter
- DUAL (Howden MGA) (Insurer) — here: Insurer; launched the cover; there: Insurer (BNG cover)