SiriusPoint agrees major M&A deal with Mosaic for Lloyd’s business
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Mosaic grows syndicated partnerships to boost M&A global capacity
17-02-2022
14-03-2022
Chris Brown, Bill Monat, Mosaic Insurance
Specialty insurer Mosaic has grand plans to help shake up the insurance industry with its ‘ground-breaking’ partnership model.
Mosaic Insurance had unveiled an additional $41 million in global mergers and acquisition (M&A) capacity when Intelligentinsurer.com met two of its senior team about the firm’s innovative hybrid business model.
With a growing number of industry partners joining the specialty insurer’s syndicated capital ranks, the M&A capacity increase will enable Mosaic to underwrite transactional risks for new trade-capital partners, including HDI Global Specialty, Verto Syndicate 2689, and IQUW Syndicate 1856.
It’s a major milestone for an insurer that was set up only 12 months ago, with plans afoot to increase the $41 million capacity to $50 million very shortly.
Mosaic Insurance, M&A, Specialty, Cyber, Political Risk, Financial Lines, Professional Lines, Chris Brown, Bill Monat, North America