Mosaic launches financial institutions division, with $10mn limit per risk
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Mosaic launches financial institutions division, with $10mn limit per risk

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Specialty insurer Mosaic has launched a financial institutions (FI) division where it will underwrite liability risks globally via London, as the carrier aims to meet demand from banks, stock exchanges and trading platforms.

Mosaic is offering coverage for institutions facing exposures caused by crime, damages payable to third parties and legal defence costs.

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