Fusion names financial lines managing partner

Fusion names financial lines managing partner | Insurance Business

Fusion names financial lines managing partner

Damian Lynch has become a member of the Fusion family, having come onboard Fusion Specialty MGA Solutions and its authorised representative Fusion Specialty Insurance as managing partner of financial lines (FL) as well as a partner in Fusion’s M&A insurance managing general agent.

“I am delighted to have the opportunity to join Fusion,” said Lynch, “a nimble, innovative, and technologically driven organisation. I believe that Fusion’s culture and capabilities position it extremely well to benefit all of its partners and stakeholders in the current difficult market environment. I look forward to working with my new partners to drive the Fusion financial lines business ahead.”

The key hire – who brings more than 25 years of experience as a highly successful FL leader and underwriter across the Asia-Pacific region – will focus on providing unique financial lines expertise, high-quality capacity, and a technology enablement in support of long-term distribution partnerships initially in the Australia and New Zealand markets.

Commenting on the development, Fusion co-founder, executive partner, and M&A head David Rogers stated: “The timing is right for a new entrant in the Australian financial lines market, with Fusion FL offering a differentiated proposition in demanding conditions.

“Damian is widely recognised as the leading financial lines underwriting expert in the Asia-Pacific market and brings a wealth of knowledge from his experience of managing these specialty products across market cycles. Damian is therefore ideally positioned to better serve our broker, clients, and insurance company partners.”

Meanwhile Fusion co-founder and executive partner Killian McDermott added that Lynch has all the capabilities to lead Fusion FL.