Mosaic appoints new financial institutions head

Mosaic Insurance has appointed Tom Dilley as a senior vice president and head of the company’s global financial institutions division.

A specialist underwriter, Dilley will take overall responsibility for the unit launched and guided through the company’s first year by executive vice president Chris Brown. He will now focus entirely on his leadership role driving Mosaic’s syndicated capital program, working with commercial partners to provide capacity to clients in specialty lines around the world.

“We’re thrilled to welcome Tom to Mosaic and our financial institutions division,” said Brown. “He is widely recognised and respected as a lead underwriter in this class of business, and we’re pleased he will lead our FI team and accelerate the development of this portfolio. I look forward to working in tandem with him, along with all our product leaders, to build Mosaic’s syndicated capital management partnerships.”

Dilley has over 16 years’ experience in the global financial institutions market. Previously, he was head of financial institutions at Berkshire Hathaway Specialty Insurance and also spent 12 years with ACE (now Chubb), latterly overseeing the product line in the UK and Ireland.

“I’m delighted to be joining the talented team at Mosaic and excited for the opportunity we have to build lasting relationships with our clients and broking partners,” said Dilley. “We offer flexible, innovative product solutions while retaining high levels of service and a stellar claims offering, which is particularly crucial, given the economic and political volatility facing our clients.”

Financial institutions coverage is among Mosaic’s six specialty lines, which also include cybersecurity, political risk, political violence, transactional liability, and professional liability.