Mosaic partners to boost transactional risks capacity

Mosaic Insurance Holdings Ltd. said Thursday it has partnered with several insurers to increase its capacity for transactional risks in North America to $41 million from $25 million.

Mosaic will write transactional risk for HDI Global Specialty SE, Verto Syndicate 2689 and IQUW Syndicate 1856, among others. Capacity for M&A transactions will also increase to $36 million outside North America.

Under the program, brokered by Acrisure LLC, Mosaic will deploy proprietary capital through its own Lloyd’s syndicate 1609, alongside capacity provided by insurers.

Bermuda-based Mosaic began underwriting M&A coverage in the U.S. last July.

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.