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

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

Beneath its company mannequin, Mosaic Syndicate 1609 collaborates with provider companions searching for regional entry and underwriting experience in non-commoditized specialty strains. This construction, in keeping with Mosaic, not solely gives vital major limits but in addition diversifies counterparty publicity.

Not like conventional MGAs, Mosaic makes the only real selections concerning underwriting and claims settlement, which in flip allows sooner responses. Acrisure Worldwide serves because the lead and coordinating placement accomplice for this system.

Mosaic identifies complicated specialty dangers by means of its hub community and supplies syndicated protection throughout all seven product strains: transactional legal responsibility, cyber, political danger, political violence, monetary establishments, skilled legal responsibility, and environmental legal responsibility. The corporate maintains underwriting groups in numerous world places.

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

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

“We’re thrilled with all of the high-caliber portfolio companions we’ve attracted, and grateful for the religion they positioned in Mosaic’s imaginative and prescient and worth,” mentioned Chris Brown (pictured), government vp at Mosaic Syndicated Capital Administration. “Most are fellow Lloyd’s syndicates, and all will share the alternatives we reap from an revolutionary mannequin and world technique. Syndication brings a single resolution to shoppers, and these partnerships, together with future ones we construct, are integral to our collaborative success.”

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