Mosaic expands international transactional liability team in the UK

Mosaic Insurance has added four more employees to its London-based unit in recent months, with underwriters and analysts focused on M&A activity in Britain, Europe, the Middle East, and Africa.

Transactional liability is among Mosaic’s suite of six product lines, each selected for relevance to current and projected global market conditions. The company’s other units include: cyber, political risk, political violence, financial institutions, and professional liability.

The move follows a parallel expansion of its North American transactional liability division since hiring its global head of transactional liability, William Monat, last April. The New York-based unit began underwriting M&A coverage in July, including representations and warranties insurance (RWI) and other transactional risk products. Since then, its US-based team has grown to include a total of 17 specialists.

“As parties navigate emerging risks in getting deals to closing, differentiated underwriting talent and thoughtful, responsive execution is a critical piece of the equation and one where we offer broking partners and clients discerning solutions,” Monat said.

The new additions to Mosaic’s transactional liability team in London include: Frances Gerrard, manager, who advises on complex, multi-jurisdictional transactions across Europe; Ciaran O’Hara, AVP, underwriter, who develops business across Europe, the Middle East and Africa, with a focus on the UK; Ignacio Lopez Regules, analyst, a master’s graduate in corporate finance from Bayes Business School, University of London; and Vladislàva Pràngadzhiýska, analyst, an MSc finance & investment banking postgraduate from Nottingham Trent University.