3 July 2023Analysis

Fusion Specialty launches branch in Madrid

Fusion Specialty Europe has announced the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately.

Cibin will lead the expansion of Fusion into Southern European, as part of its continued growth strategy across European insurance markets. Cibin has exceptional experience in the region, having worked in Spain, Italy and Germany, underwriting across a range of M&A and financial lines insurance products for top-tier Managing General Agencies and global company market insurers.

According to the company his appointment will further strengthen Fusion’s ability to provide local, cross-continental and innovative insurance solutions primarily for small to mid-market M&A transactions.

"I am honoured to join Fusion," said Cibin. "Having the opportunity to lead the expansion of Fusion’s business into the vibrant Southern European market is incredibly exciting. I look forward to leveraging my expertise and network to build strong partnerships, deliver exceptional solutions, and to drive success for Fusion’s colleagues, brokers and partners."

"We are delighted to welcome Filippo on board as the leader of Fusion’s Madrid Branch and Southern Europe," said Katherine Simmonds, chief executive, Fusion International. "The expansion into Southern Europe represents Fusion's commitment to innovation and responsiveness to evolving market opportunities. Filippo joins Fusion with a proven track record and specialist knowledge and brings with him a strong foundation for Fusion’s future success in the region.”