Mosaic
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Political risk is one of the seven specialty classes targeted by the Mitch Blaser and Mark Wheeler-led business.
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Both will be senior vice presidents, with Jay becoming professional liability head and Webb financial institutions underwriter.
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The start-up has been hiring extensively in political violence, with the latest appointment bringing the team to seven.
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The newcomer will help drive the development of the start-up's professional lines offering.
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The co-CEO said that the Bermuda-based start-up’s model was based on the principle of “frailty eradication”.
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The former Willis executive will lead the start-up’s transactional liability business.
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The Week in 90 Seconds: Biometric data and cyber; Greensill collapse; Guy Carpenter’s Priebe on pandemic risk; Texas storm; Marsh McLennan’s Glaser
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William Monat launched the broker’s transactional risk unit in Chicago and previously led two MGAs in the space.
