Reinsurance News

Mosaic’s move to Manhattan marks advancement in US market growth

3rd May 2024 - Author: Beth Musselwhite

Mosaic Insurance, a global specialty insurer, has relocated its New York City office to Manhattan to accommodate its expanding business and future ambitions in the US market.

mosaic-logo-newThe new office is situated on the 42nd floor of One Grand Central Place at 60 East 42nd Street.

This move signifies a significant milestone for Mosaic, which has outgrown its initial startup location in Midtown South, established in October 2021. Today, the company boasts nearly 180 employees spread across seven countries.

The upgraded space now houses an expanding team of specialists in the US, covering five of Mosaic’s seven business lines: environmental liability, political violence, political risk, cyber, and transactional liability.

Mark Wheeler, Co-Founder & Co-CEO of Mosaic, remarks, “Our new home in this landmark building signals a clear intent and commitment to significantly accelerate growth in the US market.”

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He continues, “It is an exciting step that will manifest in greater opportunities for our people, a broader specialty product offering, and enhanced market access for our syndicated capital partners, brokers, and clients.”

Mitch Blaser, Co-Founder and Co-CEO of Mosaic, adds, “We’re proud to grow Mosaic’s physical presence in New York, and excited to join the Grand Central District’s corporate community.”

“From the company’s launch in 2021, our strategic plan set its sights on global syndication of specialty underwriting expertise and continued growth and expansion in the US. Our team is focused on innovation and the power of partnerships, and this move underscores our dedication to this vital market,” Blaser concludes.

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