Reinsurance News

Mosaic names David Drogin SVP, Head of US, Cyber

21st August 2023 - Author: Kane Wells

Mosaic Insurance has appointed David Drogin to lead the growth of its US cyber business.

Drogin joins Mosaic’s New York office as Senior Vice President, Head of US, Cyber, and will report to the Global Head of Cyber, Yosha DeLong.

Drogin is a senior cyber insurance professional and lawyer with almost two decades of experience across claims, product development, and underwriting spheres.

He was previously US Northeast regional manager at Axis Capital, overseeing a portfolio of cyber, technology E&O, professional liability and media, with a focus on both retail and wholesale markets.

He has also held prior roles at ACE USA and served as an insurance coverage lawyer at Wilson Elser.

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In the new role at Mosaic, Drogin will be responsible for leading operational and growth strategy for the firm’s US cyber portfolio.

Yosha DeLong commented, “We’re thrilled to welcome David to Mosaic as we ramp up our US cyber platform and position to become a dynamic leader in this challenging space.

“Our continued expansion is aligned with Mosaic’s dedication to the cyber insurance class, and our commitment to providing risk-transfer solutions to policyholders, backed by a best-in-class team.”

DeLong continued, “We focus on protecting diverse industry types for stand-alone coverage, from financial services to manufacturing.

“Our aim has always been to support clients’ ability to not only prevent an attack, but also minimize business interruption, financial loss, and other damages in any aftermath. The global need is growing greater—and we intend to meet it.”

Drogin himself added, “At a time when even the most thoroughly prepared companies are unable to eradicate the risk of cyberattacks, the significance of cyber insurance should not be understated.

“I am delighted to join Mosaic’s talented team, and I look forward to helping empower our clients to fortify their cyber resilience in this rapidly developing sector.”

Mosaic launched its primary cyber product in May this year, offering $25 million in capacity across its network of underwriting hubs.

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