Fusion, part of Towergate Underwriting, today announces the new consortium of insurers to support its SME business.

The new consortium is led by Allianz who are joined by RSA, NIG, Equity and Fortis to support Fusion’s growing book of SME business.  The consortium will initially run for three years.

A new management team drawn from the existing experienced Fusion team has also been established to provide a clear strategic direction for the business.  Led by Scott Brown, previously Executive Manager for the Fusion Bristol office, the new team is committed to working smarter for brokers whilst remaining absolutely committed to the regional model and the Fusion brand.

CEO of Towergate Underwriting Clive Nathan said, “This was a competitive process involving most of the top ten insurers who were all keen to support the business.   The new team has exciting plans to develop ways of providing brokers with innovative insurance solutions combined with first class expertise, and service, and we look forward to continuing to develop our extensive portfolio in what is a challenging but exciting marketplace.”

Chris Hanks, General Manager Allianz Commercial said, "I am extremely pleased that Allianz has gained the lead Insurer position for the SME and standard commercial business. Working with the Towergate and Fusion teams and using our strong technical capabilities and updated financial arrangements will enable this important business to grow profitably".

Andrew Burke, Strategic Partnerships Director, RSA said “We can confirm that we will be supporting Fusion and look forward to working with their new management team. We are confident that the partnership will deliver a compelling proposition for customers as well as strong returns for both RSA and Fusion".

Media Contacts

Russell O'Connor

Group Communications Manager

Towergate

Tel: 01622 656782

Mobile: 07760 282586

Email: Russell.o'connor@towergate.co.uk