Mosaic hires US financial institutions leader Nozica

Hamilton, Bermuda—Mosaic Insurance has hired financial institutions leader Ann Nozica to support the company’s expansion of finpro lines in the Americas.

Based in Chicago, IL, Nozica will take up the new role of Head of Americas, Financial Institutions—joining Sachin Warty, who was named Global Head of Financial Institutions & Professional Liability (FinPro) at Mosaic earlier this month. Nozica’s appointment is effective in January.

“Ann brings an outstanding reputation in the market, earned through years of trusted leadership and strong client relationships,” said Warty. “She has a rare ability to develop talent and bring teams together, which will be invaluable as we continue to build Mosaic’s financial institutions platform across the Americas. We’re thrilled to welcome Ann to Mosaic.”

Nozica will lead underwriting strategy and portfolio management at Mosaic, building out a North American team to support the risk-transfer needs of financial institutions. A seasoned insurance executive with 18 years of experience in the sector, she specializes in underwriting complex and bespoke risks for financial institutions. She previously managed the US Central and West regions financial institutions underwriting team at Berkshire Hathaway Specialty Insurance (BHSI), after developing broking expertise as a client advisor at Marsh in London, UK. She also worked at Starr’s Lloyd’s syndicate and CNA Insurance, in finance and underwriting roles.

“I’m excited to join Mosaic at a time of significant opportunity for the financial institutions market,” noted Nozica. “Mosaic’s entrepreneurial culture, underwriting discipline, and focus on delivering tailored solutions strongly alignwith my approach to risk management. I look forward to building a high-performing team and partnering with clients and brokers to support their evolving risk-transfer needs across the Americas.”

Launched in February 2021, Mosaic underwrites across product lines selected for high technical barriers to entry and relevance to current and projected geopolitical and economic conditions. As well as financial institutions and professional liability, the company’s seven specialty lines include transactional liability, cyber, political risk, political violence, and environmental liability.

The information contained herein is for general informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product or service. Any description set forth does not include all policy terms, conditions and exclusions. Bound insurance policies, rather than summaries thereof, govern. Not all insurance coverages, products or terms may be available. US risks may be placed in the surplus lines market; surplus lines insurers do not participate in US state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers. Contact Mosaic or your broker for additional details.