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Zurich Australia Insurance Ltd. on Thursday said it is partnering with Sydney-based Fusion Specialty Insurance Pty. Ltd. to write warranties and indemnities insurance on Zurich’s behalf.
Fusion M&A is a subsidiary of POP Insurance Holdings Pty. Ltd. focused on supporting cross-border mergers and acquisitions throughout the Asia-Pacific region, Sydney-based Zurich Australia said in a statement.
The Fusion M&A partnership supports brokers in financial lines, Sean Walker, Zurich’s chief underwriting officer for Australia and New Zealand, said in the statement.
“Our partnership with Zurich further enables us to lead local solutions for middle market M&A transactions throughout APAC,” Killian McDermott, POP and Fusion’s co-founder and executive partner, said in the statement.
Zurich Insurance Group Ltd. will use technology from Snapsheet to help gather information from policyholders online in order to streamline the claims process.