Senior financial services executive Reeva Bakhshi has joined the leadership team of Bermudian-based Mosaic Insurance, as part of a strategic development of the specialty insurer’s corporate division.

Ms Bakhshi takes on the role of chief financial officer as Aizaz (Oz) Haque assumes the new position of capital solutions officer, both based in New York.

“We are excited to have Reeva join us as we embark on our next phase of growth,” said co-CEO Mitch Blaser.

“She brings a distinguished track record in the insurance industry to oversee all our financial activities.

“Oz’s new role sees him address ways we can build alternative capital strategies to support our development and leverage the platform we’ve built. Having Reeva and Oz focused on these respective areas will help Mosaic deliver on plans and create innovative capital solutions for our business.”

Ms Bakhshi has more than 25 years’ experience in financial services, including international re/insurance markets. She will lead Mosaic’s finance organisation, directing financial strategy.

Mr Haque has 20 years of investment banking experience and will oversee alternative capital strategies to optimise capital provision for the company.