Reinsurance News
Mosaic
Mosaic “focused on the future” after successful first year
8th February 2022
Mosaic Insurance has completed its first year in business, securing Lloyd’s approvals, enabling worldwide licenses and financial-strength ratings, including A+ rating from Standard & Poor's, A from AM Best, and AA- from Fitch Ratings. Within this time, the company has also expanded through its strategic technology and capital partnerships, and has launched ... Read the full article
Mosaic partners with Transverse on US syndicated cyber capacity
2nd February 2022
Mosaic Insurance has partnered with hybrid fronting carrier Transverse Insurance Group to activate $20 million of cybersecurity capacity in the US market. The strategic partnership marks an expansion of Mosaic’s syndicated program, brokered by Acrisure and based on London’s subscription market. This initiative matches Mosaic’s proprietary capital through its Lloyd’s Syndicate 1609 ... Read the full article
Mosaic hires Tom Dilley as SVP, Head of Financial Institutions
4th January 2022
Mosaic Insurance has appointed Tom Dilley as Senior Vice President, Head of Financial Institutions. Based in London, Dilley will take on overall responsibility for the unit launched and guided by Chris Brown through the company’s first year. Brown will now focus entirely on his leadership role driving Mosaic’s syndicated capital program, working ... Read the full article
Mosaic names Muzeya as VP, Senior Underwriter, Financial Institutions
6th December 2021
Mosaic Insurance has appointed Womba Muzeya as Vice President, Senior Underwriter, Financial Institutions for its London team, as the company continues to build out specialty units tackling diverse and specialised risks. She will report to the division’s global head, Chris Brown, and underwrite a broad array of financial institutions coverage, from ... Read the full article
Mosaic invites syndicated capital partners on worldwide risk
2nd December 2021
Mosaic Insurance has launched a syndicated program with the aim of drawing in new capital from commercial partners looking to underwrite complex specialty risks across various regional markets. The initiative will see Mosaic source and select specialty risks not typically seen in London and underwrite them via its network of hubs.Read the full article
Mosaic launches UK transactional liability team, expands US unit
24th November 2021
Specialty insurer Mosaic Insurance has launched a transactional liability team in the United Kingdom and expanded its M&A unit in the United States. In connection with the launch of the UK team, Mosaic announced the hiring of Sam Whiteman and Andrew Gofton-Salmond in London to establish its international transactional liability platform, ... Read the full article
Mosaic offers up to $600m in war & terrorism, political violence capacity
20th October 2021
Specialty insurer Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The increased capacity will enable the company to serve clients via domestic US or Bermuda markets through underwriting teams in both locations. Currently, Mosaic is the only carrier to write political ... Read the full article
Mosaic opens New York office
15th October 2021
Specialty insurer Mosaic Insurance has opened an office in New York City, which will accommodate members of Mosaic’s cyber and transactional liability lines, along with technologists, and finance executives The startup already has cyber and transactional liability underwriters based in Chicago, and other key employees in Los Angeles, Boston, and Virginia. Backed ... Read the full article
Mosaic adds M&A tax specialist Jon Hutchens to key SVP role
13th October 2021
Mergers and acquisitions tax specialist Jon Hutchens has joined Mosaic Insurance as the company looks to build out its US-based transactional liability team to meet rising demand. Based in Virginia, Hutchens will serve as Senior Vice President, Global Head of Tax, Transactional Liability; he reports to the unit’s global head, William ... Read the full article
Mosaic hires Liam Jones as SVP, Head of Business Development
5th October 2021
Specialty insurer Mosaic Insurance has appointed Liam Jones as senior vice president, Head of Business Development, to focus on product innovation and insurtech strategy. He will report to Mosaic Co-Founder & Co-CEO Mark Wheeler and serving as a member of the Leadership Team. In his new role, Jones will lead activity to ... Read the full article
Mosaic adds AXA XL’s McGrath as SVP, Head of Intl War & Terrorism
1st October 2021
Mosaic Insurance has appointed senior war and terrorism specialist Adam McGrath to its business line’s international team in London. McGrath will serve as SVP, Head of International War & Terrorism, Political Violence, at the global specialty startup; responsible for building out the global book of business, while complementing work by the ... Read the full article
Mosaic announces series of key appointments to UK team
24th September 2021
Mosaic Insurance has expanded its cybersecurity business line internationally with the addition of new team members to its UK-based unit. George Cole has been appointed AVP, Underwriter, International Cyber, working with global clients to develop solutions and grow a sustainable cyber portfolio. Previously, he was an assistant underwriter at Occam Underwriting, after ... Read the full article
Mosaic adds insurance execs Tim Glover and David White to leadership team
1st September 2021
Specialty insurer Mosaic Insurance has announced the appointments of insurance market veterans Tim Glover and David White as Chief Underwriting Officer (CUO) and Underwriting Director, respectively. Both Glover and White will be based in London and will also become members of the company's leadership team. As CUO of Mosaic Insurance, Glover takes ... Read the full article
Mosaic and DXC launch tech platform for specialty insurance
19th August 2021
Mosaic Insurance and DXC Technology have announced the launch of a new insurance technology platform designed to increase the speed at which specialty insurance is sold, underwritten and serviced. The new platform is powered by several of DXC’s technology services, including DXC Assure for Commercial and Specialty, business process outsourcing, applications, ... Read the full article
Mosaic begins underwriting US transactional liability coverage
14th July 2021
Mosaic Insurance has begun underwriting transactional liability coverage in the US amid the current upsurge in mergers and acquisitions activity. Launched with a maximum initial capacity of $25 million per risk, Mosaic’s product line includes Representations and Warranties Insurance, a staple for private equity and strategic buyers and sellers in M&A ... Read the full article
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