Mosaic partners with Safe Security on cyber

Mosaic has launched a new coverage via a partnership with tech firm Safe Security that allows it to underwrite primary cyber insurance globally, offering $20 million in capacity.

The product leverages Safe Security’s cyber-risk platform. Participating clients will be the first to benefit from the Mosaic x SafeInside partnership.

Cyber was Mosaic’s first product in 2021 and has become an increasingly important part of its specialty portfolio.

“We’re excited to offer a primary cyber insurance solution across all Mosaic’s underwriting regions,” said Yosha DeLong (pictured), Mosaic’s global head of cyber. “We have always had the vision of being a primary solution and providing insureds with a true partner in a time of crisis. The cyber market has experienced major shifts in the last few years, and we aim to add stability and security to the primary marketplace.”

Steven Schwartz, VP, Insurance Strategy & Underwriting, Safe Security, added: “We’re pleased to partner with Mosaic in introducing the next generation of real-time, inside-out cyber insurance underwriting. Our partnership with Mosaic is industry-first, dynamically linking security controls to insurance coverage with policy incentives that enable trust, transparency, and resilience across the value chain.”