Mosaic Insurance, a specialty insurance firm has signified the two-year anniversary of its global transactional tax liability team with the hire of another tax-risk specialist.
During the quarter, the company welcomed Greg Branagan, who joined the company’s London office as Tax Underwriter, Transactional Liability. In the role, he provides support to the transactional team on tax-risk matters in jurisdictions outside North America.
A trained solicitor, Branagan has over 10 years of international tax experience, including a wide range of M&A and corporate tax matters.
Launched in late 2021, Mosaic’s tax underwriting team – which focuses on a wide range of M&A-related and standalone tax risks – now has four specialists working within a transactional liability team totaling 32 professionals globally.
Jon (JT) Hutchens serves as the company’s Global Head of Tax, where he is based in the US along with Ze’ev Deutsch, Tax Underwriter, North America.
Meanwhile, in London, Will Gay, Head of International Tax, leads the focus on business in the UK, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC).
“At Mosaic we’re proud of our demonstrated ability to work as one global team. It gives us the flexibility to offer commercial terms covering risks brought to market by brokers in any number of locations, on behalf of clients around the world who face potential liability in different taxing jurisdictions. Our team has a broad risk appetite across jurisdictions and industry sectors. We also have a reputation for deep dives into complex tax issues—that sets us apart in the market,” said Hutchens
“Bringing on someone of Greg’s caliber provides us with the ability to expand our reach in bringing bespoke solutions to clients across Europe,” added Gay.
“Our syndicated capital program allows us to distribute syndicated capacity directly. This provides clients with diversification and allows our capital partners to access tax insurance markets around the world. At the same time, we retain decision-making control over rates, line sizes, and claims handling and settlement,” commented William Monat, Mosaic’s Global Head of Transactional Liability.