Reinsurance News
Mosaic
Mosaic Insurance opening new office in Frankfurt
30th November 2022
Mosaic Insurance has announced the opening of an office in Frankfurt, Germany, to help drive the high demand for cyber and transitional liability coverage through Continental Europe. The office marks the sixth for Mosaic since its launch last year, following those in Bermuda, London, New York, Chicago, and Read the full article
Jim Finnamore to lead Mosaic’s new environmental liability division
7th October 2022
Specialty insurer, Mosaic Insurance has launched a global environmental liability division. The division is the company’s seventh underwriting unit, and it is set to be led by seasoned 30-year executive Jim Finnamore. Finnamore joins Mosaic as Senior Vice President , Global Head of Environmental Liability. With more than 30 years of industry ... Read the full article
Mosaic adds excess tech E&C coverage to cyber product offering
4th October 2022
Mosaic Insurance’s cyber division has launched excess capacity and coverage for a new product aimed at protecting technology sector companies from rapidly emerging liability risks. The insurer now offers excess technology errors and omissions (E&O) as companion cover to cyber for businesses ranging from AI, virtual reality, edtech, and IT consulting ... Read the full article
Mosaic Insurance celebrates 100-employee milestone
19th August 2022
Specialty insurer, Mosaic Insurance has announced two new additions to its team, reaching one hundred employees in 18 months between its Bermuda, London, New York, Chicago, and Toronto offices. The insurer also has plans to open more offices in Frankfurt, Dubai and Singapore this year. Based in London, Emma Denny joins ... Read the full article
HowdenCAP and Mosaic team up on technology
16th August 2022
HowdenCAP and Mosaic are teaming up to integrate their technology platforms. The former, a division of broker firm Howden, will work with the specialty carrier to ‘drive efficiency and speed of risk placement’ in the structured credit insurance market. A statement from the two firms said that team-up will be the ... Read the full article
Mosaic makes senior promotions within transactional liability team
14th July 2022
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 ... Read the full article
Mosaic opening new office in Toronto
13th July 2022
Mosaic Insurance has announced that it is opening an office in Toronto, Ontario, and has appointed Ian Fraser – an underwriting specialist, to spearhead the company’s expansion into the Canadian specialty insurance market. Fraser joins as President of Mosaic Insurance Services Canada Inc (Mosaic Canada), where he will be responsible for ... Read the full article
Mosaic Insurance appoints Foulger as Board Chair
10th June 2022
Specialty insurer, Mosaic Insurance has appointed Bermuda-based financial services executive Caroline Foulger as its Board Chair, effective immediately. Since 2013, Foulger has been an independent, non-executive director within the financial services industry. Previously she was a partner at PwC Bermuda, a role she worked in for 12 years, where she primarily lead ... Read the full article
Mosaic hires Elissa Doroff as head of claims in America
28th April 2022
Mosaic has hired Elissa Doroff to be its new head of claims in America. The firm said that Doroff will over time expand her remit to serve both the US and Canada. She started her insurance career as claims counsel with AIG, and later was cyber and technology product manager at ... Read the full article
Mosaic opens new Chicago office
13th April 2022
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 ... Read the full article
Mosaic adds Lloyd’s carrier Apollo to boost syndicated global capacity
5th April 2022
Mosaic Insurance has added Lloyd’s carrier Apollo to its consortia of industry partners, boosting the amount of syndicated capacity it can deploy for high-demand transactional liability coverage worldwide. The new partnership will support Mosaic’s hybrid syndicated capital program, in which Mosaic Syndicate 1609 commits capital alongside that of trade partners seeking ... Read the full article
Mosaic expands London team
29th March 2022
Mosaic Insurance has expanded its international transactional liability team in the United Kingdom, adding four more employees to its London-based unit. According to the firm, its recent additions include Frances Gerrard, manager; Ciaran O’Hara, AVP, underwriter; Ignacio Lope Regules, analyst; and Vladislàva Pràngadzhiýska, also an analyst. Also counted within the new arrivals ... Read the full article
Mosaic begins cyber underwriting team in Bermuda
15th March 2022
Mosaic is putting together a cybersecurity underwriting unit to be based in Bermuda. Citing a desire to align its global business strategy around what it calls a ‘fast-growing risk’, the insurer has moved George Cole, its cyber team underwriter, there from London. Cole will be one of a host of cyber ... Read the full article
SiriusPoint & Mosaic strike Lloyd’s partnership, trade SIMA unit
10th March 2022
SiriusPoint has become a strategic investor in Mosaic Insurance as the company looks to "reinvigorate" its business at Lloyd's, through an arrangement that includes the sale of its Lloyd’s Managing Agency, Sirius International Managing Agency (SIMA), to Mosaic. Mosaic will acquire SIMA along with its employees as part of a larger ... Read the full article
Mosaic activates more capacity to meet transactional liability risks
18th February 2022
Specialty insurer Mosaic Insurance is looking to activate further global capacity to meet transactional liability risks, as a growing consortia of industry partners joins its syndicated capital program. The specialty insurer will underwrite transactional risks for several new trade-capital partners, among them, HDI Global Specialty, Verto Syndicate 2689, and IQUW Syndicate ... Read the full article
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