Specialty luminary Boren to lead new Mosaic advisory board

Hamilton, Bermuda—Distinguished industry executive Joe Boren has been named chair of a new advisory board established by Mosaic Insurance to help guide the company’s strategic growth, particularly across North America.

Boren, a senior advisor at US wholesale broker Synapse Services, LLC, is a respected and influential figure in global specialty insurance, particularly in the environmental sector. He will work with Mosaic to help identify other key industry individuals to build out the new advisory group whose mandate will focus on market engagement, innovation, strategy, and thought leadership.

“Joe is a trusted colleague and progressive industry leader who has had a remarkable career in the specialty insurance space, and we couldn’t be happier to have him join us in this strategic endeavor,” said Mosaic Co-CEO Mitch Blaser. “His leadership of this high-level panel of experts is an asset as we move to accelerate the buildout of our business, with emphasis on our three largest lines, cyber, and transactional and environmental liability.”

Added Co-CEO Mark Wheeler: “It’s a privilege to welcome Joe as chair of what we envision will be an esteemed group of experts who can offer our teams excellent guidance and connectivity to a valuable network of industry relationships. The deep knowledge of leaders like Joe has been honed across market cycles and business lines and it will provide Mosaic with a competitive advantage.”

Boren brings 50 years of insurance industry experience, with numerous leadership and management roles. He served for nearly a decade as president of US field operations, chairman of environmental at Ironshore Inc, and before that, was chairman and CEO of AIG’s environmental division, building out both companies’ environmental portfolios to become the world’s largest during his respective tenures. Under his leadership in the sector, many environmental-risk executives developed to top positions across the industry—including Toby Smith, whom he hired at Ironshore and last week was announced as Mosaic’s newly-appointed CEO, Americas.

“I’m excited to join the advisory board of Mosaic,” said Boren. “Mitch was a driving force behind the creation of Ironshore, and, with Mark and other colleagues at the company, built a strong international presence. It will be fun to join them, and my friend and colleague Toby, to assist as they continue to build this dynamic specialty company.”

“I look forward to working with Joe, who has been a mentor and friend of mine for many years,” noted Smith. “Mosaic stands to benefit enormously by having someone of his caliber lead our advisory board.”

Mosaic launched in February 2021 and today has close to 180 employees across seven countries, with three of its offices—New York, Chicago, and Toronto—in North America. Its seven product lines were selected for their high technical barriers to entry and relevance to current and projected geopolitical and economic conditions: cyber, transactional liability, environmental liability, political risk, political violence, financial institutions, and professional liability. The company’s model combines capacity from its Lloyd’s syndicate, 1609, with capital from carrier partners seeking regional access and expertise in non-commoditized lines.

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.