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Fusion: Zurich seals M&A agency deal

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Zurich Australia has entered into an underwriting agency partnership with Fusion Specialty Insurance to boost Fusion’s capacity in mergers and acquisitions cover.

Fusion M&A, a subsidiary of Pop Insurance Holdings, is focussed on supporting cross-border private equity and corporate transactions throughout the Asia-Pacific (APAC) region. Its services cover warranty and indemnity, tax opinion and contingent liability.

Pop was established last year by Sydney-based David Rogers and Barcelona-based Killian McDermott, who together have 50 years’ experience in specialty and affinity insurance businesses.

Mr Rogers is a former MD of Ironshore Australia and was previously Berkley Australia’s national manager of corporate and regional head of M&A,

“Our partnership with Fusion M&A is another tangible demonstration of how we are deploying our capacity to support brokers in financial lines,” Zurich Australia and New Zealand Chief Underwriting Officer Sean Walker said.

Pop last month launched a partnership with Rakuten Insurance Co, focused on merger and acquisition deals in Japan and supporting the Tokyo-based company’s regional growth. In January it announced a partnership with Allianz Australia.