Reinsurance News
Mosaic
Mosaic marks two years of its global tax liability business
15th November 2023
Mosaic Insurance, a specialty insurance firm has signified the two-year anniversary of its global transactional tax liability team with the hire of another tax-risk specialist. During the quarter, the company welcomed Greg Branagan, who joined the company’s London office as Tax Underwriter, Transactional Liability. In the role, he provides support to the ... Read the full article
Mosaic expands Canadian presence with expert underwriting team across five key specialties
13th September 2023
Mosaic Insurance continues its rapid growth in the Canadian specialty insurance market, solidifying its presence by assembling a team of seasoned underwriting specialists across five crucial product lines. Since establishing its Toronto office in July of last year, the global firm has extended its reach coast to coast, offering innovative solutions ... Read the full article
Mosaic’s syndicated capital program underwrites $250m in GWP for 20+ industry partners
5th September 2023
Specialty insurer, Mosaic has announced that its syndicated capital program has underwritten close to a quarter of a billion dollars in gross written premium (GWP) for industry partners across its seven product lines and regions. Activated early last year, Mosaic's program has originated nearly USD$250 million in GWP for more than ... Read the full article
Mosaic names David Drogin SVP, Head of US, Cyber
21st August 2023
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 ... Read the full article
Mosaic secures growth investment from Atalaya & Culpeper Capital
2nd August 2023
Specialty insurer, Mosaic Insurance has secured strategic investment from two US growth-capital providers to drive the company's talent acquisition and product development. According to the announcement, alternative asset manager Atalaya Capital Management and financial services-focused private-equity firm Culpeper Capital Partners LLC will take a minority stake in Mosaic, which is backed ... Read the full article
Mosaic raises line size for political-risk coverage to $30m
27th June 2023
Specialty insurer, Mosaic Insurance has raised capacity from $15 to $30 million per political risk to support green finance in developing economies. This move was made by leveraging both its Lloyd’s Syndicate 1609 and trade-partner capital through its syndicated management program. Additionally, the insurer also lengthened the tenor, or term provisions, of ... Read the full article
Mosaic launches cyber risk assessment initiative
9th June 2023
Global specialty insurer, Mosaic, and tech company Safe Security have launched a new initiative to incentivise clients with broader coverage and premium rating credits of up to 30% for sharing cutting-edge assessments of their cyber-risk profile. According to the announcement, Mosaic x SAFEinside customers will benefit from insurance premiums directly linked ... Read the full article
Mosaic partners with Safe Security to offer cyber insurance globally worth $20 million
12th May 2023
Mosaic has announced that it is underwriting primary cyber insurance globally and offering $20 million in capacity across its network of underwriting hubs. The specialty insurer has launched a new coverage in partnership with tech company Safe Security to embed real-time cyber-risk data into its underwriting process. Read the full article
Mosaic hires Alleghany’s Bakhshi as CFO
3rd April 2023
Senior financial services executive Reeva Bakhshi has joined the leadership team of Mosaic Insurance, as part of the strategic development of the speciality insurer’s corporate division. Bakhshi takes on the role of Chief Financial Officer (CFO) from Aizaz Haque, who takes over the new position of Capital Solutions Officer (CSO), both ... Read the full article
Mosaic hires litigator Bowden to lead its new liability coverage offering
24th March 2023
Specialty insurer, Mosaic Insurance has added litigation liability coverage to its professional lines offering, appointing experienced litigation solicitor, Sarah Bowden to run the new book. The coverage will offer financial protection to policy-holders against the risk of adverse legal costs when pursuing litigation or arbitration. Bowden leads the product, also known ... Read the full article
Mosaic opens Singapore office as Asia-Pacific market platform
9th March 2023
Mosaic Insurance has opened an office in Singapore, hiring specialty underwriters Benn Wilson and Edwin Chau to build its transactional liability business across the Asia-Pacific region. Wilson takes on the roles of regional CEO and Head of Asia for Mosaic’s transactional liability division, while Chau serves as Manager, Transactional Liability, and ... Read the full article
Mosaic opens office in Dubai
13th January 2023
Mosaic Insurance has opened an office in Dubai, United Arab Emirates, as a strategic regional platform to access risks from across the Middle East, Africa, and South Asia (MEASA) market. The new address is located within the Dubai International Financial Centre (DIFC) district. Three specialist underwriters, along with a finance team ... Read the full article
Apex Group, Mosaic & Aon launch fund-insurance platform
11th January 2023
Global financial services provider Apex Group has announced the launch of fund-insurance platform, Apex Protect, in partnership with specialty insurer Mosaic Insurance and Aon. Apex Protect offers enhanced directors and officers (D&O) coverage for funds, factoring ESG credentials, provided by Apex ESG Invest Check, into the insurance risk assessment. The initiative ... Read the full article
Mosaic partners with Safe Insurance to launch cyber risk platform
12th December 2022
Underwriting company, Mosaic Insurance has partnered with Safe Security to use its award winning SAFE platform to help underwrites evaluate cyber risks for brokers and insureds. The platform offers a real-time view of the extent and nature of a company’s enterprise-wide cyber risk, allowing the most accurate exposure analysis, coverage, and ... Read the full article
Mosaic makes two hires to build out its global tax liability team
2nd December 2022
Mosaic Insurance has announced that Tax specialists Will Gay and Ze’ev Deutsch have joined the company’s transactional liability team, boosting the firm’s tax-risk capability. Based in London, Gay will be Head of International Tax, Transactional Liability for Mosaic, where he will lead the development of tax insurance underwriting on risks arising ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
