Fusion Americas bolsters M&A capability with senior appointment
New York, 02nd August 2022
Fusion Specialty, a leading Global M&A insurance specialist that is transforming the insurance experience for small to midmarket businesses, today announces the appointment of Richard Liu who joins Fusion Americas as Partner following the businesses’ recently announced launch. Liu assumes his role with immediate effect and will report to Brian Hayes, Managing Partner.
Liu joins at a time of considerable growth for Fusion Americas, where he will play an integral role in cementing the MGA’s global capability and presence in North America. He brings significant expertise through which Fusion Americas will continue to provide tech-enabled solutions to the underserved lower and midmarket business sector.
Richard Liu brings legal, broking as well as underwriting experience to Fusion Americas, having primarily worked within the M&A market. He joins from AXA XL where he held the role of Vice President, M&A. Whilst there, Liu 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 this, Liu was Vice President, at Atlantic Global Risk having previously worked at KPMG within its M&A Tax group. He holds both a US and Canadian JD and an LLM in Taxation from Georgetown.”
Hayes said: “Richard is exactly the caliber 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.”
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 realize these ambitions.”
ENDS
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Haggie Partners
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About Fusion
Established in 2018, Fusion is the leading specialist underwriting agency (MGA) focused on providing innovative insurance solutions, primarily to the small and medium-sized business market. Fusion has written more SME deals than any other insurer across the region since 2019. Backed by large global insurance partners, Fusion is rapidly expanding globally with offices in Melbourne, Sydney, Singapore, Hong Kong, London and Chicago. To learn more, please visit https://fusion.insure/
Fusion is part of the POP Holdings Group which invests in capital-light, niche, data and technology enabled, and well positioned businesses that are transforming M&A, Financial Lines and specialty insurance experiences. To learn more, please visit https://pop.insure/
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Date
02. August 2022
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Summary
New York, 02nd August 2022 Fusion Specialty, a leading Global M&A insurance specialist that is transforming the insurance experience for small to midmarket businesses, today announces the appointment of Richard Liu who joins Fusion Americas as Partner following the businesses’ recently announced launch. Liu assumes his role with immediate effect and will report to Brian […]
