Mosaic’s new N.Y. office to focus on cyber, transactional liability

Mosaic Insurance Holdings Ltd. said Thursday it is ramping up its North American distribution with the opening of an office in New York for its cyber and transactional liability underwriters and other employees.

The Bermuda-based insurer, which launched its transactional coverage in the U.S. in July, already has cyber and transactional liability underwriters based in Chicago, and other employees in Los Angeles, Boston and Virginia.

The New York office opened this week and will accommodate technologists and finance executives in addition to cyber and transactional liability lines staff, Mosaic said.