Mosaic Insurance taps Dentons for M&A tax risk specialist
Bermuda-based Mosaic Insurance has recruited a mergers and acquisitions tax specialist from law firm Dentons.
Jon Hutchens (pictured) has been appointed SVP, global head of Tax, Transactional Liability, reporting to the unit’s global head, William Monat.
He will lead development of tax insurance underwriting, overseeing decisions on tax risks arising in North America, the UK, Europe, and Asia-Pacific region. He joins Mosaic Insurance as the company builds out its US-based transactional liability team to meet record demand in the sector.
“We’re thrilled to welcome Jon to Mosaic as we continue to build a diverse, deeply experienced transactional liability unit to respond to the rising growth in market demand for capacity and knowledgeable underwriting,” said Monat. “Jon’s focus on global tax insurance adds further highly-specialized talent to our product offering as we expand our scope in this business line.”
At Dentons US, his work focused on cross-border transactions and structures, including mergers and acquisitions, restructuring and expansions, counseling issuers on the treatment of various financial instruments, as well as advising insurance underwriters on tax risks in connection with specialty policies.
“It’s a time of great change in the global tax system,” said Hutchens. “I’m excited to be joining such a skilled M&A team and to offer solutions for managing the complicated risks taxpayers are confronting in a multitude of jurisdictions.”
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