Mosaic’s threat syndication program logs $250 million underwritten in GWP

Mosaic’s international threat syndication program has reached near $250 million underwritten in gross written premium (GWP) for its business companions throughout seven product strains and areas.

Under its company mannequin, Mosaic Syndicate 1609 collaborates with provider companions looking for regional entry and underwriting experience in non-commoditized specialty strains. This construction, based on Mosaic, not solely affords vital major limits but additionally diversifies counterparty publicity.

Unlike conventional MGAs, Mosaic makes the only real choices relating to underwriting and claims settlement, which in flip permits sooner responses. Acrisure International serves because the lead and coordinating placement companion for this system.

Mosaic identifies advanced specialty dangers by way of its hub community and offers syndicated protection throughout all seven product strains: transactional legal responsibility, cyber, political threat, political violence, monetary establishments, skilled legal responsibility, and environmental legal responsibility. The firm maintains underwriting groups in varied international areas.

The MGA’s capital companions have the pliability to decide on a whole-portfolio strategy or interact with particular merchandise or geographies. The portfolio excludes natural-catastrophe exposures, permitting members to diversify into specialty strains.

Syndicated capital companions have additionally benefited from Mosaic’s collaborations with third events to reinforce threat choice and underwriting. These embrace partnerships with Safe Security for inside-out evaluations and with Apex to supply enhanced administrators and officers protection, factoring in ESG credentials within the threat evaluation course of.

“We’re thrilled with all the high-caliber portfolio partners we’ve attracted, and thankful for the faith they placed in Mosaic’s vision and value,” mentioned Chris Brown (pictured), govt vp at Mosaic Syndicated Capital Management. “Most are fellow Lloyd’s syndicates, and all will share the opportunities we reap from an innovative model and global strategy. Syndication brings a single solution to clients, and these partnerships, along with future ones we build, are integral to our collaborative success.”

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