Mosaic aims to accelerate growth of specialty lines in North America
Mosaic Insurance has appointed a former Ironshore and AIG environmental executive to lead a new advisory board to help guide the company's strategic growth, especially in North America.
Joe Boren, who spent a decade at Ironshore as chairman of environmental and was previously chairman and CEO of AIG's environmental division, is chairing the advisory board as Mosaic aims to accelerate the growth of cyber and transactional and environmental liability.
Boren, now a senior advisor at US wholesale broker Synapse Services, will work with Mosaic to help identify other key industry individuals to build out the new advisory group whose mandate will focus on market engagement, innovation, strategy, and thought leadership, the company said.
“Joe is a trusted colleague and progressive industry leader who has had a remarkable career in the specialty insurance space, and we couldn’t be happier to have him join us in this strategic endeavour,” said Mosaic co-CEO Mitch Blaser. “His leadership of this high-level panel of experts is an asset as we move to accelerate the buildout of our business, with emphasis on our three largest lines, cyber, and transactional and environmental liability.”
Added co-CEO Mark Wheeler: “It’s a privilege to welcome Joe as chair of what we envision will be an esteemed group of experts who can offer our teams excellent guidance and connectivity to a valuable network of industry relationships. The deep knowledge of leaders like Joe has been honed across market cycles and business lines and it will provide Mosaic with a competitive advantage.”
Mosaic said Boren helped to mentor many environmental-risk executives who have since moved to top positions across the industry — including Toby Smith, whom he hired at Ironshore and last week was announced as Mosaic’s newly-appointed CEO, Americas.
“I’m excited to join the advisory board of Mosaic,” said Boren. “Mitch was a driving force behind the creation of Ironshore, and, with Mark and other colleagues at the company, built a strong international presence. It will be fun to join them, and my friend and colleague Toby, to assist as they continue to build this dynamic specialty company.”
“I look forward to working with Joe, who has been a mentor and friend of mine for many years,” noted Smith. “Mosaic stands to benefit enormously by having someone of his caliber lead our advisory board.”
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