INTELLIGENT INSURER: M&A & how a syndicated-capital hybrid model is pushing boundaries
March 14, 2022
Mosaic Insurance has unveiled an additional $41 million in global mergers and acquisition (M&A) capacity. With a growing number of industry partners joining the specialty insurer’s syndicated capital ranks, the M&A capacity increase will enable Mosaic to underwrite transactional risks for new trade-capital partners, including HDI Global Specialty, Verto Syndicate 2689, and IQUW Syndicate 1856. It’s a major milestone for an insurer that was set up only 12 months ago, with plans afoot to increase the $41 million capacity to $50 million very shortly. Intelligent Insurer’s Claire Churchyard report on Mosaic’s ground-breaking partnership model.