Global specialty insurance company Mosaic will begin underwriting cyber insurance globally next month through teams based in Chicago and London.
Mosaic’s Cybersecurity & Privacy coverage is designed to protect diverse industry types and focus on supporting insureds’ abilities to prevent an attack and to also respond and minimise damage in the aftermath.
The company plans to capitalise on existing relationships with US and international retail brokers and clients and leverage its underwriters’ market leadership.
Mosaic’s cybersecurity team in the US and UK includes Yosha Delong, Senior Vice President, Head of Cyber Underwriting, who has over 24 years’ experience in managing liability, professional and cyber lines.
Based in Chicago, she is responsible for development and oversight of Mosaic’s cybersecurity product globally. Previously, she was technical director of cyber and professional lines at Zurich North America, where she coordinated cyber risk coverage across all lines of business and oversaw professional liability lines.
James Tuplin, Senior Vice President, Head of International Cyber Underwriting, has over 18 years of experience underwriting international commercial risk, with a focus on the cyber and tech, media and telecom (TMT) sector.
Based in London, he was previously head of cyber and TMT for AXA XL’s International Financial Lines division and has also held cyber-related roles at QBE, Allianz Insurance, and Zurich.
At Mosaic Tuplin is developing the international cyber portfolio starting in London and seeking opportunities in Europe, Asia Pacific, and the Middle East.
Brian Dusek, Vice President, Head of Cyber Underwriting (US), has more than 20 years of experience as a lawyer, monitoring counsel, claims and insurance professional.
Based in Chicago and responsible for growing Mosaic’s cyber portfolio through North America, he was previously cyber product manager at Zurich North America.
Mosaic CEO Mitch Blaser commented: “By establishing an experienced, market-leading team with proven track records and reputation, our cyber risk unit will build an influential global franchise in this very complex class.
“Heightened threats from cyber warfare, data breaches, ransomware and other attacks on systems and software are well recognised and the danger of disruption to industries and economies is significant. We believe this line of business will become increasingly relevant.”