The implementation of Insly’s platform is designed to enable Fusion Specialty to manage increasing business volumes, streamline the underwriting process, and automate and standardize processes throughout the insurance lifecycle.

Fusion Specialty, founded in 2018, focuses on M&A insurance products, including warranty and indemnity (W&I), tax liability, and contingent risks. With a significant presence in the APAC region and expanding operations in the US, UK, and Europe, the company serves a diverse client base, from small SMEs to large corporations.

The selection of Insly was based on its flexible and scalable platform, which is expected to enhance accounting efficiency, improve data quality, and provide comprehensive reporting. Given Fusion Specialty’s partnerships with numerous carriers, including general insurance companies, reinsurance companies, and Lloyd’s syndicates, accurate and timely reporting is critical.

“As a rapidly growing business, we needed a provider that could hit the ground running, and continue to evolve with us as we continue to grow,” explains Katherine Simmonds, CEO, Fusion Specialty. “What we were looking for in a technology partner was someone who could cope with the complexities and nuances of M&A insurance, and after a careful review, Insly fit the bill well. They could provide us with significant efficiencies in the accounting and reporting processes as well as support the underwriters by automating some of the more routine activities.”

Risto Rossar, CEO and Founder of Insly, said: “Fusion Specialty has built up an exceptional reputation in the M&A market around the world, and has seen impressive growth in recent years. The Insly system will enable the company to accelerate its growth through automating manual processes, streamlining workflows, and unlocking the power of data. We’re excited to join the team on the next phase of their journey.”