Mosaic Insurance

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.

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

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

• Specialty insurance underwriting
• Lloyd's syndicate insurance
• Cyber risk insurance
• Political risk insurance
• Transactional liability insurance

Headquarters

HQ city

Hamilton

HQ country

Canada

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. 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.
2. 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

Go-to-market motion2 records

Distribution channels4 records

Marketing channels10 records

Core 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

Named customers5 records

Segments6 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability8 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core, supporting and minor.

• DXC TechnologycoreTechnology or Integration · 19 August 2021In 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 ServicescoreImplementation/ SI/ Consulting PartnerWNS Global Services supports Mosaic's crucial back-office function of the digital operating model. This strategic partnership enables operational excellence and efficiency.
• Amazon Web ServicescoreTechnology or IntegrationAWS powers Mosaic's advanced analytics capabilities, providing the cloud infrastructure for data processing and insights.
• AoncoreTechnology or IntegrationCutting-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 RecoreStrategic or Co-development PartnerPioneering 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 TridentcoreTechnology or IntegrationAI 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 IHSsupportingTechnology or IntegrationData augmentation partners providing external data sources for risk assessment and underwriting decisions.
• Persistent SystemssupportingTechnology or IntegrationProvides support for advanced analytics and technology infrastructure.
• SafeminorStrategic or Co-development PartnerMosaic partnered with Safe to provide Mosaic X SafeInside cyber solution, enhancing cyber risk management offerings.
• Asta Managing Agency LtdcoreImplementation/ SI/ Consulting PartnerLloyd'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 GroupminorStrategic or Co-development PartnerLaunched 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

Market position

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/Mosaic1609
• Facebookfacebook.com/Mosaic1609
• LinkedInlinkedin.com/company/mosaic1609
• Instagraminstagram.com/mosaic_1609

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles29 records

Subsidiaries9 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mosaic Insurance