Transactional liability
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This follows the exit of Mosaic’s head of international tax earlier this month. -
The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
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Gay has spent more than two years at Mosaic, having joined in November 2022.
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CEO McManus vows broker “will not be silent” over “unlawful” competitor behaviour.
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Transactional risk head Smith has spent the last six years at Acquinex in various senior roles.
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Annual growth in demand for tax insurance ranged between 25% to 40%, sources said.
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The company has exited some transactional liability and commercial D&O business.
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There has been increased W&I appetite in South American jurisdictions.
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