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Fusion Specialty Americas adds R&W, Tax, and Contingent Capacity with HDI Global Specialty SE

Expansion strengthens global partnership and enhances M&A insurance capabilities in the region

 

New York, June 20, 2024 – Fusion Specialty (“Fusion”) is proud to announce the expansion of its global partnership with leading specialty insurer HDI Global Specialty SE (“HDI”) to the Americas, adding further capacity for its R&W, Tax, and Contingent insurance business.

In a market where securing new capacity is increasingly challenging, the expansion of this partnership further strengthens Fusion’s M&A insurance capabilities and presence in the region, exemplifying the company’s strategic vision for global growth.

Commenting on the expanded partnership between HDI and Fusion, 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.

Jim Clark, CEO HDI Global US, explained the significance of the partnership with Fusion: “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.”

Michael Mora, CEO Fusion Americas, further 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.”

Mora, who was recently promoted to CEO Fusion Americas from Managing Partner, has been instrumental in working with HDI across multiple jurisdictions since Fusion’s founding in 2018.

He added: “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”.

ENDS

 

For media inquiries, please contact: 

 

Fusion Specialty Americas

 

Michael Mora, CEO Fusion Specialty Americas

 

Sandpiper Communications:

 

Louise Humphreys (Australia)

+61 417428434

[email protected]

 

 

HDI Global SE

 

Dr Frederic Strohm

+49 511 3747 2117

[email protected]

 

Christoph Boßmeyer-Hortsch

+49 511 6455 9515

[email protected]

 

 

About Fusion Specialty

 

Established in 2018, Fusion Specialty is the leading specialist underwriting agency (MGA) focussed on providing innovative, tech-driven and sustainable insurance solutions, primarily to the small and medium-sized business market. Fusion has underwritten more M&A deals than any other insurer across the APAC region since 2019 and has since built successful operations in the UK, Europe and USA. Backed by large global insurance partners, Fusion has rapidly expanded globally and is the first truly global M&A insurance MGA with a local presence in each key M&A market.

 

https://fusion.insure/

 

About HDI Global SE (HDI)

As a commercial and specialty lines insurer, HDI Global SE (HDI) meets the needs of SMEs, industrial companies, middle market and corporate customers with insurance solutions that are specifically tailored to their requirements. In addition to HDI’s prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through its own HDI foreign branch offices, subsidiaries, affiliated companies, and network partners. Acting as the Partner in Transformation, HDI Global SE leads more than 5,100 International Programmes and offers its multinational customers compliant coverage worldwide.

HDI Global SE is the Industrial Lines Division of the Talanx Group and has been a leading insurer for several decades. Approximately 5,000 employees in this division generated insurance revenue (gross) of approx. EUR 9.1 billion in the year 2023 (according to IFRS 17).

The rating agency Standard & Poor’s has given the Talanx Primary Group a financial strength rating of A+/stable (strong) and AM Best has assigned the A+ Rating. Talanx AG is listed on the Frankfurt Stock Exchange in the MDAX.

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Date

8 June 2021

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Summary

Expansion strengthens global partnership and enhances M&A insurance capabilities in the region   New York, June 20, 2024 – Fusion Specialty (“Fusion”) is proud to announce the expansion of its global partnership with leading specialty insurer HDI Global Specialty SE (“HDI”) to the Americas, adding further capacity for its R&W, Tax, and Contingent insurance business. […]

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