Mergers and acquisitions tax specialist Jon Hutchens has joined Mosaic Insurance as the company looks to build out its US-based transactional liability team to meet rising demand.
Based in Virginia, Hutchens will serve as Senior Vice President, Global Head of Tax, Transactional Liability; he reports to the unit’s global head, William Monat.
Hutchens will lead development of tax insurance underwriting, overseeing decisions on tax risks arising in North America, the UK, Europe, and Asia-Pacific region.
He brings 14 years’ experience as a tax lawyer, most recently as a partner in Dentons US, based in New York City and Washington, DC.
His work has focused on cross-border transactions and structures, including mergers and acquisitions, restructuring and expansions.
“We’re thrilled to welcome Jon to Mosaic as we continue to build a diverse, deeply experienced transactional liability unit to respond to the rising growth in market demand for capacity and knowledgeable underwriting,” said Monat.
“Jon’s focus on global tax insurance adds further highly-specialized talent to our product offering as we expand our scope in this business line.”
“It’s a time of great change in the global tax system,” said Hutchens. “I’m excited to be joining such a skilled M&A team and to offer solutions for managing the complicated risks taxpayers are confronting in a multitude of jurisdictions.”
Transactional liability coverage, including increasingly sought-after representations and warranties insurance (RWI), is core to Mosaic’s model, capitalizing on its leadership’s successful track record in the sector.