Mosaic Insurance has opened an office in Chicago, accommodating most of the company’s North American cyberrisk specialists, and is led by Global Head of Cyber Yosha DeLong, as well as Mosaic’s Global Head of Transactional Liability, Bill Monat.
Mosaic launched in February 2021, with new Lloyd’s Syndicate 1609 as its centerpiece and a focus on six targeted lines of business, including political risk, political violence, financial institutions, and professional liability, along with cyber and transactional liability.
The company plans to add more underwriting offices this year, in Europe, Canada, the Middle East and Asia.
DeLong commented: “Chicago is an important location for us, not only geographically, allowing us to service clients on both US coasts, but also as a significant hub of insurance.
“Amid economic and geopolitical uncertainty and the challenges of cross-jurisdictional exposures, we aim to offer solutions.”
Co-Founder & Co-CEO Mitch Blaser said: “The new Chicago office underscores our focus on the important North American market, where we source a large portion of our business.
“We’re thrilled to add the city to our strategic network of underwriting hubs that give us access to global specialty risks.”
Chief of Staff Lisa Fontanetta added: “Chicago represents another milestone in Mosaic’s build-out and will be an important North American location for us as we continue to develop our teams and business lines.
“We’ve had employees based there since last year, but this consolidates our presence in the city and highlights our focus on in-person collaboration and partnership.”
