Mosaic nabs cyber leader from AXIS to ramp up US expansion
Global specialty insurer Mosaic has hired a 10-year AXIS veteran with a background at Chubb to ramp up its US cyber platform.
David Drogin (pictured) has been appointed to lead growth of Mosaic's US cyber business, as part of the division’s global buildout to meet demand across the sector.
Drogin joins the specialty insurer’s New York office as SVP, head of US, cyber, reporting to global head of cyber Yosha DeLong. He will be responsible for leading operational and growth strategy for Mosaic’s US cyber portfolio.
Drogin is a senior cyber insurance professional and lawyer with more than 18 years of experience across claims, product development, and underwriting spheres. Most recently, he was US Northeast regional manager at AXIS Capital, overseeing a portfolio of cyber, technology E&O, professional liability and media, with a focus on both retail and wholesale markets. He held prior roles at ACE USA (Chubb) for more than six years and served as an insurance coverage lawyer at Wilson Elser.
Mosaic’s cyber team currently comprises 23 underwriters in New York, Chicago, London, Toronto, Germany, Dubai, and Bermuda. Six recent additions to its cybersecurity division include: Toni Gehring, AVP, underwriter, in Germany; Kyle Gray VP, underwriter, in Toronto; Tayler Salvatore, AVP, and Kimiya Malek, associate production specialist, in New York; and junior underwriters Ted Duberley and Florence Colangelo in London.
“We’re thrilled to welcome David to Mosaic as we ramp up our US cyber platform and position to become a dynamic leader in this challenging space,” said DeLong. “Our continued expansion is aligned with Mosaic’s dedication to the cyber insurance class, and our commitment to providing risk-transfer solutions to policyholders, backed by a best-in-class team.”
Drogin added: “At a time when even the most thoroughly prepared companies are unable to eradicate the risk of cyberattacks, the significance of cyber insurance should not be understated. I am delighted to join Mosaic’s talented team, and I look forward to helping empower our clients to fortify their cyber resilience in this rapidly developing sector.”
Mosaic launched its primary cyber product in May this year, offering $25 million in capacity across its network of underwriting hubs. The company launched cyber as its first product line in the spring of 2021, a few weeks after the company opened for business.
“We focus on protecting diverse industry types for stand-alone coverage, from financial services to manufacturing,” said DeLong. “Our aim has always been to support clients’ ability to not only prevent an attack, but also minimize business interruption, financial loss, and other damages in any aftermath. The global need is growing greater—and we intend to meet it.”
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