Mosaic Insurance coverage has appointed executives Karen Reilly and David Barr to guide its respective US and worldwide enterprise development within the environmental legal responsibility sector.
A spokesperson mentioned: “Mosaic Insurance coverage has appointed executives Karen Reilly and David Barr to guide its respective US and worldwide enterprise development within the environmental legal responsibility sector.
“Based mostly in Atlanta, GA, Reilly has greater than 18 years of expertise within the environmental insurance coverage business, holding underwriting, product improvement and administration roles all through her profession. She was one of many main US environmental danger specialists that Mosaic added to its workforce final 12 months to drive a strategic enlargement of enterprise throughout the Americas. The enlargement adopted the corporate’s transfer to a brand new workplace in New York Metropolis, and the appointment of distinguished specialist market government Toby Smith as Americas CEO.
“Barr has been based mostly in London, UK since 2022 when Mosaic launched its international environmental legal responsibility division as the corporate’s seventh specialty underwriting unit. He’s a professional geologist with over 30 years {of professional} expertise in environmental insurance coverage underwriting and brokerage, the petroleum business and environmental consulting.”
“We’re proud to announce Karen and David to guide our development and develop market engagement throughout their respective focus areas,” mentioned Jim Finnamore, international head of environmental accountability at Mosaic. “Each are extremely revered, achieved skills in our business and their depth of experience will assist drive our company development within the sector.”
The spokesperson mentioned, “Mosaic at present has a complete of 20 environmental specialists spanning the US and specializing in worldwide issues from London. Its vary of environmental insurance policies covers a variety of industries and features a newly launched mixed website air pollution and normal legal responsibility (SGL) type that merges main business normal legal responsibility (CGL) with tailor-made air pollution {and professional} cowl awards. Supporting corporations transitioning to extra sustainable, low-carbon futures can be a core technique for Mosaic.
“Reilly and Barr’s twin focus shall be to develop revolutionary merchandise to deal with rising environmental dangers and assist Mosaic purchasers navigate an more and more complicated regulatory panorama. They plan to develop divisions’ capabilities and urge for food, enhance market share and deepen the corporate’s status as a pacesetter within the environmental insurance coverage house.”
“I’m dedicated to main our workforce into a brand new period of innovation and development,” mentioned Reilly. “I’m excited to construct on the robust basis Jim has created, improve our choices and enhance our price to our clients and {the marketplace}.”
Barr added: “These are actually thrilling instances at Mosaic, and I’m delighted to guide our continued worldwide enlargement, enabling Mosaic to supply insurance coverage options worldwide to our retail and wholesale brokerage companions and clients.”
The spokesperson mentioned: “Mosaic’s evolution as a worldwide company continues, with its enterprise more and more pushed by service provider capital companions throughout its seven specialty strains. The corporate at present underwrites on behalf of practically 30 insurers worldwide, securing over USD$1 billion in GWP over the previous two years alone for company companions. In addition to environmental legal responsibility, his enterprise strains embrace political violence, transactional legal responsibility, cyber, political danger, monetary establishments {and professional} legal responsibility.”
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