Mosaic Insurance has launched a new suite of professional liability products specifically designed to protect specialist engineers, providing targeted primary coverage of up to $15 million for unique risks within their field.
This announcement signifies Mosaic’s commitment to offering customized insurance solutions, catering to the needs of specialist engineers across a diverse range of industries including process, chemical, oil and gas, petrochemical, mining, nuclear, renewable energy, testing, defense, transportation, and environmental sectors.
The new product suite features comprehensive coverage for professional liability, along with added enhancements covering pollution, public-relations costs, and mitigation strategies. This tailored approach ensures that engineers receive protection that aligns with the intricacies of their work and associated risks.
Offering coverage on a global scale, Mosaic’s suite caters to entities of all sizes, from multinational corporations to individual contractors engaged in freelance projects. The product structure prioritizes primary lead positions for coverage limits, with provisions for excess placements where needed.
“This dedicated product launch is a testament to our longstanding focus on specialist engineers and their unique risk profiles,” stated Anna Jay, Global Head of Professional Liability at Mosaic. “Our suite combines essential coverage with market-leading underwriting expertise and access to a top-tier claims-management team.”
The suite’s design reflects Mosaic’s deep-rooted experience in providing insurance solutions to engineering professionals across various industries and disciplines. The company’s underwriting leadership and claims reputation within the sector further solidify the value of this tailored product offering.
Danny Clack, Deputy Active Underwriter & SVP, Underwriter, Professional Liability at Mosaic, emphasized the team’s firsthand industry experience: “Having spent a decade in engineering prior to transitioning to insurance underwriting, I understand the complexities of specialist exposures. Our team is dedicated to nurturing client relationships to craft coverage that truly addresses the specific needs of this sector.”
Mosaic’s initiative underscores its commitment to serving the evolving needs of specialist engineers, providing them with comprehensive protection and peace of mind in an ever-changing risk landscape. The launch of this tailored product suite further enhances Mosaic’s position as a leading provider of professional liability solutions for the engineering sector.
