Spotlight

Mosaic Insurance

57

Brand Ranking

Mosaic is a next-generation global specialty insurer, founded by industry leaders Mitch Blaser and Mark Wheeler. An underwriting company, Mosaic is distinguished by an exceptional team, agile technology, and a novel structure that combines Lloyd’s of London strength with syndicated capacity, along with a network to match proprietary and syndicated partner capital with the most complex risks around the world.

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Mosaic’s Syndicate 1609 at Lloyd’s is coupled with wholly-owned capital management agencies, diversifying risk coverage for clients across seven countries and seven product lines. Capital partners have the opportunity to tailor their engagement from whole-portfolio participation to specific products and target geographies.

 

Headquartered in Bermuda, with offices in London, New York, Chicago, Toronto, Frankfurt, Dubai and Singapore, Mosaic is one of the industry’s much publicized “Class of 2020–21,” born during the pandemic. As a fast-emerging syndicate-platformed business and agency, Mosaic has the advantage of ‘no legacy’ (neither in tech nor balance sheet) over other existing insurance markets.

Mosaic has adopted a striking approach to its brand identity, which gives a real sense of leading-edge and an attitude towards innovation and disruption: a true challenger brand.

Born in an era of cloud technology, Mosaic has adopted a data-first strategy, leveraging artificial intelligence and other agile software to support its underwriters and submission intake. Cutting-edge actuarial software is built into its platform to streamline processes, provide real-time analytics, and create a frictionless process.

Mosaic is starting to appear on Gracechurch trackers across underwriting and employer-brand studies. The firm is also performing well on the Insurindex social-media tracker, achieving engagement rates inside the top-20 London Market Specialty brand index.

Mitch Blaser
Co-Founder & Co-Chief Executive Officer

Mitch has more than 40 years of accomplishments in international insurance markets and co-founded Mosaic in 2021. Its’s his second startup journey; in 2006, he joined Robert Clements to launch Bermuda-based Ironshore with $1 billion in private-equity capital, and helped drive its growth to a global property & casualty insurer with more than 800 employees in 15 nations. Mitch held key roles, including COO of Ironshore Inc, CFO, and CEO of Ironshore Bermuda, and after Ironshore was acquired by Liberty Mutual Group, he served as chief transformation officer. Mitch was previously CFO for Swiss Re Americas, and part of the leadership team at Marsh Inc.

Mark Wheeler
Co-Founder & Co-Chief Executive Officer

Mark is a market-leading underwriter who co-founded Mosaic in 2021. He was the founder of top-quartile Lloyd’s Syndicate 4000 and Pembroke Managing Agency. He held the role of president, international markets and led client engagement at Liberty Mutual Group following its 2017 acquisition of Ironshore. Mark also served as CEO of Ironshore International. He started his career at Lloyd’s with Sturge in 1987 before joining SVB in 1990 where he was appointed active underwriter of the group’s flagship Syndicate 1007 in 2000.

Mosaic in five

  1. Shortlisted among insurers that have made the greatest improvements to their underwriting service over the past 12 months in the 2023 London’s Leading Underwriter Report.
  2. Received multiple commendations for underwriter strengths in both Political Violence and Professional & Financial Lines.
  3. Receives mentions as both a top place to work and as a top-of-mind London insurer in Gracechurch’s proprietary reports.
  4. Mosaic’s claims service is rated well above the market average in each of the main five dimensions, including Speed and Responsiveness.
  5. Claims team is well respected by the broker community, which praises their individuals, teamwork, and knowledge.