POP Insurance Holdings Pty Ltd.
Sydney 2000 NSW
Email: [email protected]
POP announces the launch of Fusion Specialty M&A Insurance, in partnership with Allianz Australia
Sydney, Australia, 07 January 2019
POP Insurance Holdings (“POP”), a specialist insurance group, headquartered in Sydney, Australia, announces the launch of Fusion Specialty M&A MGA (“Fusion M&A”), in partnership with Allianz Global Corporate Specialty, a division of Allianz Australia Insurance Limited (“Allianz”), focused on Mergers and Acquisitions transactions across the Asia Pacific Region (APAC).
Fusion M&A is already writing business, and will continue to deliver better local solutions to clients across APAC, through a local presence and expertise, and a more efficient, flexible and streamlined approach to M&A insurance.
Fusion M&A, supported by Allianz, is offering a full suite of Transactional Insurance solutions, including Warranty & Indemnity, Tax Opinion, and Contingent Liability; serving the Private Equity and Corporate M&A marketplace.
Fusion M&A has developed an extensive ecosystem of advisory, legal, financial, technology and insurance partners across APAC. This commitment to building an M&A Insurance ecosystem of partnerships is underpinned by the high-quality capabilities and security of Allianz, a leading global insurance group.
Fusion M&A is developing proprietary technology which will serve to enhance M&A insurance transactions, whilst enabling the growth of the overall M&A market.
Killian McDermott, POP and Fusion’s Co-founder & Executive Partner commented: “We are delighted to announce the launch of Fusion M&A Insurance MGA, in partnership with Allianz. Our team of experts are committed to delivering better local solutions for clients, enabled by advanced technologies and leading to greater efficiencies across distribution, underwriting and servicing”.
David Rogers, Co-founder & Executive Partner, and Head of M&A, added: “Fusion is pleased to partner with Allianz, one of the world’s leading insurers. Our partnership has provided Fusion’s M&A MGA with access to Allianz’s extensive network of operations across the APAC region, uniquely positioning Fusion and Allianz with a market leading M&A offering, right out of the gate.
Damian Lynch, Regional Manager Financial Lines Asia Pacific commented: “As an organisation, we are excited by the opportunity to partner with Fusion to bring another product to market to meet the needs of our clients. We strive to cover all aspects of our client’s operations and the introduction of our W&I offering puts us in the position to be able to do that”.
Willem VanWyk, CEO of AGCS commented: “Allianz is proud to broaden our suite of products to meet the changing demands of the market. As we strive to service our clients’ needs, the development of our offering is key to future success”.
About ALLIANZ (AGCS), POP and FUSION
Allianz Global Corporate & Specialty is the Allianz centre of expertise for global business insurance and large corporate and specialty risks. AGCS Pacific offers a comprehensive range of risk solutions to customers in both Australia and New Zealand, tapping into a global network of more than 160 locations.
POP and Fusion
POP Insurance Holdings Pty Ltd. (POP) is developing a leading specialist insurance Group, delivering growth organically and through small cap acquisitions, focused initially on the Asia Pacific Region.
“POP” stands for: (1) “Power of People” – enabling stakeholders to live their potential; and (2) “Power of Protection” – high quality products and underwriting, focused on our clients and their needs; and (3) “Power of Partnerships” – building a new specialist insurance ecosystem, through partnerships between clients, MGAs – underwriters, re/insurers, distributors, technology, marketing and services companies.
POP’s current investments include FUSION Specialty Insurance Pty Ltd. (FUSION), an MGA platform to support expert specialty and specialist insurance sector entrepreneurs, as well as leading re/insurers to build specialist insurance businesses throughout APAC.
POP has also established POPAssures, an affinity insurance business.
POPMobi and POPServes are being developed to support FUSION and POPAssures with data analytics, mobile-based distribution, automation of insurance underwriting and administration, and insurance services capabilities.