Mosaic Insurance
Mosaic Insurance is a Bermuda-based global specialty insurer operating through Lloyd's Syndicates 1609 and 2610, underwriting eight product lines (Cyber, Environmental, Political Risk, Financial Institutions, Professional/Transactional Liability, Excess Casualty) via a cloud-native, AI-powered insurtech platform for enterprise clients, brokers, and capital partners.
- Company typePrivate
- Founded2021
- HeadquartersHamilton, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Mosaic Insurance does
Mosaic Insurance is a next-generation global specialty insurer founded in 2021 and headquartered in Hamilton, Bermuda. The company underwrites eight specialty product lines — Cyber, Environmental Liability, Political Risk, Political Violence, Financial Institutions, Professional Liability, Transactional Liability, and Excess Casualty — through Lloyd's Syndicates 1609 and 2610, with wholly-owned underwriting agencies in Bermuda, the UK, the US, Canada, Germany, the UAE, and Singapore. Mosaic is anchored by Golden Gate Capital with minority investors Blue Owl Capital and Culpeper Capital Partners, and operates as both a direct carrier and a managing general agent writing business for approximately 30-50 capital partner insurers and syndicates.
The company's core differentiator is its patent-pending, cloud-native insurtech operating model built in partnership with DXC Technology, integrating machine-learning underwriting, natural-language processing, blockchain-based data sharing, and an API gateway connected to Lloyd's. This platform supports electronic broker placements, real-time risk selection, triaging, pricing, and claims settlement. Mosaic is building GenAI assets under the direction of a Chief Digital & AI Officer, and the platform is augmented by data partnerships with LexisNexis, Dun & Bradstreet, and S&P IHS, with Aon Tyche rating and pricing software embedded. Since 2022, Mosaic has originated US$695 million in gross written premium for capital clients (US$1.5 billion including Syndicate 1609), with Syndicate 1609 achieving a 79.4% combined ratio in 2024.
Mosaic earns revenue through two streams: (1) specialty insurance underwriting premiums retained through its own Lloyd's syndicates, and (2) fee-based syndicated capital management for partner carriers, who can participate from whole-portfolio to specific product and geography levels. Distribution occurs through the Lloyd's subscription market, broker networks, and a capital partner program. Recent product launches include Mosaic x aiSure™ (AI performance insurance with Munich Re), a combined cyber/crime product for digital asset businesses, Investment Management Insurance expanded to US/Canada/Bermuda, and a Bermuda-based excess casualty unit — the company's eighth global product line. The company is licensed or regulated across BMA, FCA, PRA, MAS, DFSA, RIBO, and 50 US states.
Mosaic Insurance firmographics
Firmographics- Name
- Mosaic Insurance
- Legal name
- Mosaic Insurance Holdings Limited
- Website
- https://mosaicinsurance.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Mosaic Insurance is a Bermuda-based global specialty insurer operating through Lloyd's Syndicates 1609 and 2610, underwriting eight product lines (Cyber, Environmental, Political Risk, Financial Institutions, Professional/Transactional Liability, Excess Casualty) via a cloud-native, AI-powered insurtech platform for enterprise clients, brokers, and capital partners.
- Ownership category
- akta.pro rank
Mosaic Insurance industry classification
Industry- Product category
- Specialty Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where Mosaic Insurance is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Canada
- HQ region
- North America
Offices8 records
Markets served
Mosaic Insurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Specialty Insurance Underwriting: Mosaic underwrites eight specialty insurance lines for its own Lloyd's syndicates and provides syndicated capacity to approximately 30 capital partners. Revenue is generated through insurance premiums, with the company earning commissions on business written through its agency network and coverholder arrangements.
- Syndicated Capital Management: Since 2022, Mosaic has originated USD$695 million in gross written premium for capital clients, with USD$1.5 billion including Syndicate 1609's premium. The company earns fees from capital partners who participate in the syndicated capacity program.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Cyber capacity in Canada increased to US$25M per risk |
| Subscription | Annual | Investment Management Insurance (IMI) up to $20M per risk |
| Subscription | Annual | Cyber and Financial Institutions Crime combined product for digital assets |
| Subscription | Annual | Excess Casualty capacity up to US$10M per risk |
| Subscription | Annual | AI Performance Insurance (aiSure) up to EUR/USD/CAD 15M |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Mosaic Insurance product offering
Product offeringCore offering
Mosaic Insurance underwrites eight specialty insurance lines through Lloyd's Syndicates 1609 and 2610, covering cyber, environmental liability, political risk, political violence, financial institutions, professional liability, transactional liability, and excess casualty. The company pairs this underwriting capacity with a patent-pending insurtech platform leveraging AI/ML, blockchain, and APIs to provide risk selection, pricing, and electronic placements for brokers, capital partners, and global clients.
Product overview
Mosaic Insurance operates as a next-generation global specialty insurer offering eight core product lines through its Lloyd's Syndicates 1609 and 2610 combined with wholly-owned underwriting agencies. The product portfolio spans Cyber, Environmental Liability, Financial Institutions (FinPro), Political Risk, Excess Casualty, Political Violence, Professional Liability, Litigation Liability, and Transactional Liability. These products are delivered via Mosaic's proprietary DXC-powered insurtech platform featuring AI/ML underwriting capabilities, blockchain data sharing, and Lloyd's API integrations. Specialized offerings include Mosaic x aiSure™ (AI performance insurance in partnership with Munich Re), combined cyber/crime products for digital assets, Investment Management Insurance (IMI), and dedicated cyber incident response services. The company operates globally across Bermuda, UK, US, Canada, Europe, UAE, and Asia with offices in six countries.
Differentiator
Problem solved
Functional benefit
Brands
- aiSure™: AI insurance product providing up to EUR/USD/CAD 15 million coverage for AI developers and vendors against financial loss from defined AI performance failures, underwritten through partnership with Munich Re
- MAX Program
- Insurtech Platform
Products and services
- Cyber Insurance
- Environmental Liability Insurance
- Financial Institutions (FinPro) Insurance
- Political Risk Insurance
- Political Violence Insurance
- Professional Liability Insurance
- Litigation Liability Insurance After-the-event (ATE) insurance covering adverse costs liabilities up to GBP/USD/EUR/AUD 10 million plus security for costs, and work-in-progress (WIP) insurance protecting law firms against non-recovery of fees in contingent fee arrangements.
- Transactional Liability Insurance
- Excess Casualty Insurance Excess liability coverage for large and multinational organizations with capacity up to US$10 million per risk, targeting energy, transportation, construction, industrial manufacturing, hospitality, and utilities sectors.
- Mosaic x aiSure AI Performance Insurance AI performance insurance providing up to EUR/USD/CAD 15 million coverage for AI developers and vendors against financial loss from defined AI performance failures, with parametric-like structure for quick claims settlement, underwritten via partnership with Munich Re.
- Cyber and Financial Institutions Crime Insurance for Digital Assets Combined cyber and financial institutions crime insurance product for digital asset businesses with stand-alone or blended coverage, limits up to EUR 10 million for cyber and EUR 5 million for crime, underwritten via Mosaic's agency network backed by Lloyd's Syndicate 1609.
- Investment Management Insurance (IMI) Combined financial institutions and cyber coverage for investment and financial management firms, with capacity of USD 20 million per risk, available in US, Canada, and Bermuda markets.
- Cyber Incident Response Services
Quantifiable outcome
- Syndicate 1609 achieved 79.4% combined ratio in 2024 (fourth year of business)
- +2 more outcomes
Companies that use Mosaic Insurance
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles7 records
Mosaic Insurance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability8 records
Feature6 records
Mosaic Insurance partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, supporting and minor.
- DXC TechnologycoreIn August 2021, Mosaic and DXC Technology jointly launched an innovative insurance technology platform that automates specialty insurance underwriting, sales, and service processes. The platform is powered by DXC Assure for Commercial and Specialty, business process outsourcing, applications, analytics and engineering, cloud, and security. DXC also developed APIs integrated with Lloyd's for claims processing and seamless submission receipt.
- WNS Global ServicescoreWNS Global Services supports Mosaic's crucial back-office function of the digital operating model. This strategic partnership enables operational excellence and efficiency.
- Amazon Web ServicescoreAWS powers Mosaic's advanced analytics capabilities, providing the cloud infrastructure for data processing and insights.
- AoncoreCutting-edge rating and pricing software from Aon Tyche is built into Mosaic's platform. Also partnered on Apex Protect platform for fund management D&O insurance launched with Apex Group in January 2023.
- Munich RecorePioneering partnership where Mosaic underwrites and markets Munich Re's aiSure AI performance insurance through its cyber specialists globally. aiSure provides up to EUR/USD/CAD 15M coverage for AI developers and vendors against defined AI performance failures.
- mea and TridentcoreAI and API gateway powered by mea and Trident, facilitating relationships and connections to third-party capital with real-time risk placement visibility.
- LexisNexis, Dun & Bradstreet, Standard & Poor's IHSsupportingData augmentation partners providing external data sources for risk assessment and underwriting decisions.
- Persistent SystemssupportingProvides support for advanced analytics and technology infrastructure.
- SafeminorMosaic partnered with Safe to provide Mosaic X SafeInside cyber solution, enhancing cyber risk management offerings.
- Asta Managing Agency LtdcoreLloyd's managing agent for Syndicate 1609 at Lloyd's. AMA is authorized by PRA and regulated by FCA and PRA, managing syndicates-in-a-box and special purpose arrangements.
- Apex GroupminorLaunched Apex Protect platform for fund management D&O insurance together with Mosaic Insurance and Aon in January 2023.
Scale indicators9 records
Recent moves12 records
Expansion highlights8 records
Mosaic Insurance competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key highlights7 records
Customer concentration
Mosaic Insurance social profiles
Digital presenceMosaic Insurance compliance and trust
Trust signalCompliance10 records
Mosaic Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mosaic Insurance leadership team
Management profileNumber of profiles
Profiles29 records
Mosaic Insurance subsidiaries and ownership
Company hierarchySubsidiaries9 records
Mosaic Insurance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mosaic Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mosaic Insurance
What does Mosaic Insurance do?
Mosaic Insurance underwrites eight specialty insurance lines through Lloyd's Syndicates 1609 and 2610, covering cyber, environmental liability, political risk, political violence, financial institutions, professional liability, transactional liability, and excess casualty. The company pairs this underwriting capacity with a patent-pending insurtech platform leveraging AI/ML, blockchain, and APIs to provide risk selection, pricing, and electronic placements for brokers, capital partners, and global clients.
Is Mosaic Insurance a public or private company?
Mosaic Insurance is a private company. It is classified as private equity controlled and is currently operating.
When was Mosaic Insurance founded?
Mosaic Insurance was founded in 2021. It employs 101 to 250 people.
Where is Mosaic Insurance based?
Mosaic Insurance is headquartered in Hamilton, Canada, in the North America region.
How does Mosaic Insurance make money?
Two revenue lines are on record. Specialty Insurance Underwriting is the primary driver. The others are syndicated Capital Management.
Does Mosaic Insurance have an API?
Yes. Mosaic's platform includes APIs integrated with Lloyd's for data exchange, claims processing, and broker submission receipt. The API gateway facilitates real-time connections to third-party capital and enables seamless broker partner interactions for electronic placements, risk selection, triaging, pricing, and claims settlement. The platform was developed in partnership with DXC Technology.
What industry is Mosaic Insurance in?
Mosaic Insurance's product category is Specialty Insurance. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 52412 and its SIC code is 6331.