Mosaic Insurance News

Mosaic Creates Cyber Underwriting Hub in Bermuda

Mosaic Insurance is building a cyber-security underwriting unit in Bermuda, to align its global business strategy around the fast-growing risk. The specialty insurer has transferred its cyber team underwriter George Cole from London to the company’s Bermuda corporate headquarters, following …

Mosaic to Buy Sirius Int’l Lloyd’s Managing Agency; SiriusPoint to Be Mosaic Investor

Mosaic Insurance has entered into an agreement to purchase the Lloyd’s managing agency of SiriusPoint as part of a transaction in which the global re/insurer will become a strategic investor in Mosaic. Under the deal, which is subject to Lloyd’s …

People Moves: Mosaic Hires BHSI’s Dilley to Lead Financial Institutions; BMS Re Names Guy Carpenter’s Gomez as EVP, LatAm & Caribbean

This edition of International People Moves details appointments at Mosaic Insurance and BMS Re. A summary of these new hires follows here. BHSI’s Dilley to Lead Financial Institutions at Mosaic Insurance Specialist underwriter Tom Dilley has joined Mosaic Insurance to …

Artful Mosaic Insurance Creates Global Agility for Specialty Startup

Mosaic Insurance, the Bermuda-headquartered startup and Lloyd’s specialty insurer, operates with a unique structural twist. Its hybrid model has the flexibility of a managing general agent (MGA), the stability of a carrier’s long-term capital, plus the ratings, global licenses and …

M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic

The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take out insurance to protect against issues such …

WTW Hires AIG’s Dasan for Construction, Natural Resources; Bogardus Named Chubb’s President for Singapore; AXA XL’s Muzeya Joins Mosaic as Financial Institutions U/W

This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these appointments follows here. WTW Hires AIG’s Dasan for Construction and Natural Resources Australasia Insurance broker Willis Towers Watson has appointed …

People Moves: Mosaic Launches London M&A Team, Hiring From Liberty Mutual, AIG; BHSI Promotes 2 in UK; Marsh’s Dubreuil to MGA Alta Signa in Brussels

This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe. A summary of these new hires follows here. Mosaic Launches London M&A Team With Hires from Liberty Mutual, AIG Mosaic …

Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks

Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The increased capacity allows the company to serve clients via domestic U.S. or Bermuda markets through underwriting teams in both …

People Moves: New Hires at Maryland Insurance Administration, Mosaic, New Dawn Risk

Floyd Named Director of Fiscal Services for Maryland Insurance Administration Maryland Insurance Commissioner Kathleen A. Birrane named Linwood Floyd as director of fiscal services for the Maryland Insurance Administration (MIA). Floyd comes to the MIA after more than 13 years …

Mosaic Insurance Opens First U.S.-Based Office Location in New York City

Mosaic Insurance has opened an office in New York City. This is its first U.S.-based physical address for a growing number of employees. The Midtown South office, which will accommodate members of Mosaic’s cyber and transactional liability lines, along with …