Mosaic Insurance, the Bermudian-based global specialty insurer, has restructured roles across its underwriting and operational teams to drive the growth of its agency business.

The company said the reorganisation demonstrated Mosaic’s evolution as a global agency whose business increasingly was driven by trade-capital partners across its seven specialty lines.

Mosaic underwrites on behalf of 26 insurers worldwide, originating more than $1 billion in gross written premium over the past two years alone for agency partners.

“This is an exciting evolution for Mosaic that enhances our operational efficiency and accelerates strategic expansion,” said co-chief executive Mitch Blaser.

“It comes at a natural point in our growth plans when we are focusing on increasing the scale and scope of our valuable agency business, as well as deploying new technologies and empowering best-in-class specialty leaders.”

Co-chief executive Mark Wheeler added: “These advancements benefit all our stakeholders and help us expand distribution and product innovation, while capitalising on discerning, data-led risk selection.

"Notably, these updates will support the strong allegiances we are building with brokers and agency partners to source profitable underwriting opportunities and bring innovative solutions to the market.”

The company said key personnel updates included:

• Bermudian-based Lisa Fontanetta becomes chief operating officer, managing overall operational strategy, efficiency and automation.

• Bermudian-based Heather Oliver takes on the new position of head of corporate affairs, responsible for business development strategy, investor and board relations and broker marketing, among other focus areas.

• Bermudian-based Grant Hopkins becomes head of FP&A and Strategic Finance within Mosaic’s finance team, guiding the company’s financial strategy and ensuring effective financial planning, analysis, and decision-making processes.

• Liam Jones becomes agency chief executive, overseeing strategic vision, growth, profitability, and operational excellence of Mosaic’s agency business, along with product and enhanced underwriting capabilities across the group.

• Krishnan Ethirajan becomes chief digital & AI officer, driving technology, data and AI strategy, and external delivery partner relationships.

• Charlie Mackay becomes chief underwriting officer, international, overseeing global broker relationships and driving global market engagement strategy, tactics and execution.

• Anna Jay becomes Syndicate 1609 active underwriter, subject to Lloyd’s and regulatory approval, and will manage overall portfolio structure and risk selection, with strategic oversight of all lines of business.

• David White becomes managing director, product and portfolio optimisation, overseeing underwriting portfolio development, pricing and governance, as well as product innovation.

“Our colleagues and culture are central to Mosaic’s strategic vision as we build our position as a leading underwriting agency in the marketplace,” said former Bermuda resident Claire Eeles, chief people officer at Mosaic.

“We’re promoting our people and aligning them with our growth as a firm, and we’re proud to have been able to leverage the strengths of our existing team to make this happen.”