Mosaic Insurance has announced the promotions of Stavan Desai to Head of Americas and Katherine Spenner to Global Chief Legal Officer, both within its transactional liability division.
Currently, Mosaic has 17 transactional liability professionals in the US, including Global Head of Tax Jon (JT) Hutchens, and eight specialists in London.
And this tally is set to grow this year, as Mosaic opens new offices in Canada, Continental Europe, and Asia.
“Stav and Katherine have been instrumental to the launch and execution of our strategy, and their roles will continue to be vital as we build out our global operations,” said William Monat, Mosaic’s Global Head of Transactional Liability.
“They have provided outstanding leadership and positioned Mosaic well for long-term success in the development of thoughtful underwriting and sound protocols in the M&A sector. They are both deserving of this recognition.”
Mosaic began writing mergers and acquisitions (M&A) business, including representations and warranties insurance (RWI), from the United States in July 2021, led by Monat.
Four months later, in November 2021, the company opened an international unit in London, led by Sam Whiteman, with an initial focus on business in the UK and Europe, the Middle East and Africa (EMEA).
