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Mosaic Launches Bermuda-Based Specialty Insurer, Along with Lloyd’s Syndicate 1609
February 4, 2021
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate.
Operating with initial capitalization of $185 million, Mosaic is founded by insurance industry veteran Mitch Blaser, who serves as the company’s CEO. With 40 years experience in the insurance industry, Blaser was a founder of Ironshore in Bermuda and had executive roles with Swiss Re and Marsh.
Related:
Golden Gate Capital, a leading private-equity investment firm with more than $17 billion of committed capital, is Mosaic’s anchor investor. Golden Gate Capital will hold a majority stake in Mosaic through its financial services portfolio company, Angel Island Capital. Mosaic’s leadership team has also invested in the company. ....

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