Friday, June 21, 2024

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

New York, June 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 of 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 significantly strengthen our service offerings for clients and diversify our risk exposure. This reinforces 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 client’s business in an evolving market.”

Michael Mora, CEO of 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 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 of 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”.

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