HDI Global Specialty and Fusion announces tie-up to strengthen capacity in M&A insurance
HDI Global Specialty SE – Australia (“HDI Global Specialty”), Fusion Specialty MGA Solutions Pty Ltd. and its Authorised Representative, Fusion Specialty Insurance Pty Ltd. (collectively “Fusion”)
HDI Global Specialty and Fusion have today announced a new underwriting agency partnership to offer additional capacity in the mergers and acquisitions (M&A) insurance market in Australia.
The agreement will see HDI Global Specialty delegate its underwriting authority to Fusion, a specialty insurance MGA Platform headquartered in Sydney, Australia, to write Warranties and Indemnities insurance on its behalf. Fusion is already well-established in the M&A market, and will continue to deliver capacity and services in support of the growing Private Equity and Corporate M&A marketplace in the region.
Mark Fleiser, General Manager and Head of Branch, HDI Global Specialty said: “With Fusion we are once again partnering with stand-out professionals in what is a highly sophisticated and specialised line of business. We look forward to working with Fusion and together enhancing the further development of the Fusion portfolio.”
David Rogers, POP and Fusion’s Co-founder and Executive Partner and Head of M&A, said: “Fusion is delighted to partner with such a highly reputable global insurer as HDI Global Specialty, with access to additional capacity and its strong presence in Australia.”
Killian McDermott, POP and Fusion’s Co-founder and Executive Partner added: “This is another exciting milestone for Fusion. Our partnership with HDI Global Specialty further enables us to lead local solutions, with a more efficient and flexible approach for small to mid-market M&A transactions.”
ENDS