Fusion Specialty, a provider of specialty insurance solutions, has announced the expansion of its global collaboration with HDI Global Specialty SE, a specialty insurer, which is now extending into the Americas.
This partnership will offer increased capacity for representations and warranties (R&W), tax, and contingent insurance lines.
David Rogers, Fusion’s Executive Chairman, said: “Fusion’s partnership with HDI has gone from strength to strength over the years. They have been our partner since the inception of our business in Australia, expanded to the UK and the EU last year, and now to the US. The addition of HDI to our Fusion Americas panel of insurers completes the global partnership between HDI and all of Fusion’s hubs.”
In a market where obtaining new capacity is becoming more difficult, this expanded partnership boosts Fusion’s mergers and acquisitions (M&A) insurance capabilities and solidifies its regional presence, demonstrating the company’s strategic vision for global expansion.
Jim Clark, CEO of HDI Global US, commented: “Our strategic partnership with Fusion in the US marks a significant milestone in HDI Global’s continuing growth strategy in the region. With Fusion’s proven expertise and robust SME portfolio, we are poised to strengthen our service offerings for clients significantly and diversify our risk exposure.”
“This ensures reinforcing our reputation as a key player in Transactional Risk insurance within the SME and LMM sectors. In addition, this collaboration underscores our commitment to innovation and growth while allowing us to act as a preferred Partner in Transformation for our clients’ business in an evolving market,” continued Clark.
Michael Mora, CEO of Fusion Americas, has recently been promoted from Managing Partner to CEO of Fusion Americas, has played a key role in collaborating with HDI across various regions since Fusion’s establishment in 2018.
Mora noted: “With HDI, we have added an A+ rated carrier, significantly enhancing our ability to offer R&W, Tax, and Contingent Liability products on both a primary and excess basis. Expanding our partnership with HDI to Fusion Americas is a testament to our business performance and strong results both in the US and globally.”
“Fusion’s global capabilities and partnerships set our offerings apart from every other transactional liability MGA in the market. We have a truly global team that provides round-the-clock service and expertise in every jurisdiction in which we operate and distribute Fusion’s transaction insurance products.”
