Global M&A insurance specialist, Fusion Specialty, has appointed Richard Liu as partner in its new US operation, Fusion Americas.
According to the firm, Liu will play an integral role in cementing the MGA’s global capability and presence in North America.
He is to assume his new position with immediate effect and will be reporting to Brian Hayes, Managing Partner.
Liu said: “Fusion Specialty’s success in the Asia Pacific is well known and we are primed to replicate and build upon the business’s reputation in North America.
“There is a large appetite for the tech-enabled solutions Fusion Americas can offer to the traditionally overlooked and underserved small to midmarket sector.
“With its global and regional expertise, unique access to data and the desire to transform the transactional insurance market, Fusion Americas is set to become a leading player and I am excited to join and help realise these ambitions.”
Liu brings legal, broking as well as underwriting experience to Fusion Americas, having primarily worked within the M&A market.
He joins the company from AXA XL where as Vice President, M&A, built considerable knowledge within the global M&A space, creating complex and tailored solutions while cultivating key industry contacts among law firms, regional brokers, and private equity firms.
Prior to AXA XL Liu was Vice President at Atlantic Global Risk having previously worked at KPMG within its M&A Tax group.
Commenting on Liu’s appointment Hayes said: “Richard is exactly the calibre of talent we are looking to attract as we build a market leading proposition within the small to mid-sized businesses M&A marketplace in North America.
“In a market awash with untapped opportunity but with limited access to suitable and affordable insurance products offering appropriate levels of cover, the expertise of underwriters such as Richard, backed by Fusion Americas’ data and technology led ecosystem, have never been more valuable.
“I look forward to working with Richard and expanding upon our team and range of products in due course.”
