adam-mcgrath-head-of-international-war-terrorism-political-violence-mosaic
30 September 2021Insurance

Mosaic taps AXA XL to grow its war, terrorism, political violence offering

Bermuda specialty startup  Mosaic Insurance has appointed a head of International War & Terrorism, Political Violence as it builds out its global book of business.

Based in London, Adam McGrath (pictured) will also represent Mosaic as a member of the Lloyd’s Market Association (LMA) panel on political violence.

McGrath previously spent eight years at AXA XL, expanding its political violence line, and also worked at Hiscox. Prior to underwriting, McGrath worked as a broker for Aon’s crisis-management division focused on terrorism.

Political violence coverage was the first product line launched globally by Mosaic in March, just a month after setting up with headquarters in Bermuda and Lloyd’s of London Syndicate 1609. The company currently writes the business from Bermuda, London, and New York.

“We are delighted to welcome Adam to Mosaic and our underwriting team,” said Quentin Prebble, chairman, War & Terrorism, Political Violence at Mosaic. “He brings extensive market experience as both a senior broker and leading underwriter, and has very strong relationships in the broking fraternity and among clients, so he is a valuable addition to our division.”

McGrath said: “I am really excited to be joining Mosaic and have great respect for its leadership team. I look forward to helping develop this product line amid an interesting time in our market. Clients require broader coverage than ever before, which presents challenges, but also opportunity. Our aim is to service this growing demand and build a book of business that rivals market leaders over the next five years.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
13 October 2021   He joins Mosaic as it builds out its transactional liability team to meet record demand.
Insurance
5 October 2021   The executive has worked in the Lloyd’s, US, and Bermuda markets, including as head of underwriting strategy at LSM.
Insurance
24 September 2021   The specialty insurer is ramping up its international cyber team to meet the rising demand.