Mosaic goes global on primary cyber cover

Mosaic Insurance, which runs wholly owned Lloyd’s Syndicate 1609, has teamed up with technology specialist Safe Security to embed real-time cyber-risk data into its underwriting process and will now offer primary cyber insurance globally.

Yosha DeLong, global head of cyber at Mosaic, said: “We’re excited to offer a primary cyber insurance solution across all Mosaic’s underwriting regions. We have always had the vision of being a primary solution and providing insureds with a true partner in a time of crisis. The cyber market has experienced major shifts in the last few years, and we aim to add stability and security to the primary marketplace.”

Steven Schwartz, VP, insurance strategy and underwriting at Safe Security, added: “Our partnership with Mosaic is industry-first, dynamically linking security controls to insurance coverage with policy incentives that enable trust, transparency, and resilience across the value chain.”

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