Fusion Specialty, an M&A and financial lines insurance specialist founded in Australia, has expanded its partnership to the Americas with HDI Global Specialty SE, strengthening its capacity for its representation and warranty (R&W) insurance, tax, and contingent insurance business.
The move boosts Fusion’s mergers and acquisitions insurance capabilities and presence in the Americas, a market where it is increasingly challenging to secure new capacity.
HDI has been a partner of Fusion since its establishment in Australia in 2018 and supported the insurance provider when it expanded to the United Kingdom and the European Union in 2023.
Fusion executive chairman David Rogers said in a statement that HDI’s addition to Fusion Americas’ panel of insurers completed the global partnership between the Germany-headquartered insurer and all Fusion hubs.
HDI Global US CEO Jim Clark said the partnership with Fusion helps the company’s growth strategy in the Americas, reinforcing its “reputation as a key player” in transactional risk insurance within the small to medium enterprise and lower middle market 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,” Clark said.
Fusion Americas CEO Michael Mora also commented on the move, saying that it brings an “A+ rated carrier,” enhancing Fusion’s ability to provide R&W, tax, and contingent liability products on a primary and excess basis.
Mora was previously managing partner at Fusion before he took on the role of CEO for the Americas business.
