Reinsurance News

Mosaic adds AXA XL’s McGrath as SVP, Head of Intl War & Terrorism

1st October 2021 - Author: Staff Writer

Mosaic Insurance has appointed senior war and terrorism specialist Adam McGrath to its business line’s international team in London.

McGrath will serve as SVP, Head of International War & Terrorism, Political Violence, at the global specialty startup; responsible for building out the global book of business, while complementing work by the division’s North American team.

He will also represent Mosaic as a member of the Lloyd’s Market Association (LMA) panel on political violence.

McGrath previously spent eight years at AXA XL, expanding its political violence line, and also worked at Hiscox.

Prior to underwriting, McGrath worked as a broker for Aon’s crisis-management division focused on terrorism.

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“We are delighted to welcome Adam to Mosaic and our underwriting team,” said Quentin Prebble, Chairman, War & Terrorism, Political Violence at Mosaic.

“He brings extensive market experience as both a senior broker and leading underwriter, and has very strong relationships in the broking fraternity and among clients, so he is a valuable addition to our division.”

McGrath added, “I am really excited to be joining Mosaic and have great respect for its leadership team.

“I look forward to helping develop this product line amid an interesting time in our market. Clients require broader coverage than ever before, which presents challenges, but also opportunity.

“Our aim is to service this growing demand and build a book of business that rivals market leaders over the next five years.’’

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