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Mosaic Insurance launches Bermuda-based unit to tackle rising U.S. liability costs with up to $10M coverage.
Mosaic Insurance has launched a new excess casualty unit in Bermuda, its eighth global product line, to address rising liability costs in North America.
Led by veteran underwriter April Andruczyk, the team includes Andrew Watson, Chris Abraham, and consultant Mike Warwicker, targeting large clients in sectors like transportation, manufacturing, and life sciences with up to $10 million in coverage per risk.
The unit operates through Mosaic’s Bermuda platform and Syndicate 1609, responding to market pressures from nuclear verdicts, litigation finance, and social inflation.
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Mosaic Insurance lanza una unidad con sede en Bermudas para abordar el aumento de los costos de responsabilidad civil de los Estados Unidos con una cobertura de hasta $ 10M.