Asset management firm Arrow Global acquires MGA Fusion Specialty
Arrow Global Group (Arrow), A UK investment management company specializing in private credit and real estate announces subsidiary launch Arrow Global Insurance (AGI) Obtained Integrated professional groupprofessional management general agent.
AGI acquired Fusion from Sydney, Australia-based insurtech group POP Group Holdings for an undisclosed amount.
AGI is a professional insurance platform that underwrites insurance through its own MGA and also focuses on the acquisition of MGA business. General artificial intelligence is Launched in March Launched by Arrow Global Group as a vertical business to capture institutional investment opportunities across the insurance value chain.
Backed by long-term institutional capital, AGI aims to achieve attractive underwriting performance in a market with high barriers to entry, competitive fragmentation and technological complexity, Arrow explained.
Arrow added that the acquisition further strengthens AGI’s platform by adding another high-quality specialist MGA with a strong underwriting record.
Through AGI’s reinsurer Halldora Re and the broader Arrow platform, Arrow’s MGAs benefit from long-term underwriting capabilities, institutional capital and scalable operating infrastructure, which allows them to grow responsibly while maintaining underwriting discipline. Halldora Re is rated “A-” (Excellent) by AM Best and is owned by funds managed by Arrow Global Group.
Sydney-based Fusion operates on behalf of London market, European and other specialty insurers and “has built highly regarded underwriting franchises servicing policyholders in the UK, Europe, North America and other international markets,” Arrow said.
Since its launch in 2018, Fusion has processed more than 23,000 insurance applications and written approximately £290 million ($389 million) in total premiums for around 1,500 policyholders, with premium volumes more than doubling in the past two years.
Zach Lewy, Arrow Global Group CEO and Chief Investment Officer, commented in a statement: “Arrow Global Insurance is a proven specialty insurance platform that combines underwriting excellence with institutional capital.” (Arrow is headquartered in
Lewy added: “The addition of Fusion, a high-quality specialist MGA with an outstanding underwriting record, further enhances the platform and expands the range of differentiated specialist insurance opportunities available to our institutional investors.”
Katie Simmonds, CEO of Fusion Specialty Group, said: “The additional underwriting capacity through Halldora Re, coupled with Arrow’s long-term investment approach, provides a strong foundation for our next phase of growth, while allowing us to continue to focus on the underwriting discipline and customer service that define Fusion.”
Fusion founder and executive chairman David Rogers said: “Building Fusion into a global specialist MGA has been a real privilege. Arrow shares our commitment to underwriting discipline and long-term thinking, and its support, including the reinsurance capabilities behind Halldora Re, has accelerated our growth and potential. I’m delighted to remain involved and excited about what’s next.”
The transaction is subject to customary closing conditions. All required regulatory approvals have been obtained and completion is expected in the third quarter of 2026.
AGI specializes in property, casualty and specialty insurance, including after-the-event, contingent and transactional risk, credit risk and guaranteed products. These product lines support complex legal and financial activities that are often unserviceable by traditional insurance companies but are increasingly relevant to corporate and private capital players seeking greater certainty and more efficient risk transfer.
Backed by a panel of A-rated insurers and Lloyd’s of London, Fusion provides warranty and indemnity (W&I), representations and warranties (R&W), tax liability and contingent risk insurance, serving private equity, corporates, business owners and their advisors on transactions of all sizes in more than 30 countries.
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Arthur J. Gallagher acquires Wilson M. Beck Insurance Services of Canada
Arthur J. Gallagher Company. Announced Acquisition of Burnaby, B.C. Wilson Baker Insurance Services, Inc. (WMB).
Terms of the deal were not disclosed.
WMB provides retail insurance brokerage services primarily to commercial clients in Western Canada, specializing in the construction, commercial real estate, surety, hospitality and mining industries.
The WMB team, led by David Beck, will remain at its current location under the direction of Dave Partington, Gallagher’s head of retail property/casualty brokerage for Canada, Latin America and the Caribbean.
“WMB’s exceptional reputation for niche industry expertise will enhance our retail brokerage capabilities in Canada,” said J. Patrick Gallagher Jr., chairman and chief executive officer of Arthur J. Gallagher & Co., Rolling Meadows, Illinois.
Gallagher operates in approximately 130 countries around the world through its own operations and a network of affiliated brokers and advisors.
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