Mosaic Insurance taps industry veteran to form advisory board

Mosaic Insurance taps industry veteran to form advisory board | Insurance Business Canada

Insurance News

Mosaic Insurance taps industry veteran to form advisory board

Seasoned expert joins former colleagues

Insurance News

By
Terry Gangcuangco

In a strategic move to bolster its expansion across North America, Mosaic Insurance has appointed seasoned industry executive Joe Boren (pictured) as chair of a newly formed advisory board. The board’s primary focus will be to steer Mosaic’s strategic growth, with an emphasis on market engagement, innovation, strategy, and thought leadership.

A senior advisor at US wholesale broker Synapse Services, Boren is recognised for his significant contributions to the global specialty insurance sector, particularly in environmental insurance. At Mosaic, he will help assemble the advisory board.

Boren has an impressive track record with 50 years in the insurance industry, having held numerous leadership roles. He was president of US field operations and environmental chair at Ironshore for nearly a decade. Prior to that, he was chairman and chief executive of AIG’s environmental division.

It was highlighted that under his leadership, several top executives in environmental risk emerged, including Toby Smith, whom Boren hired at Ironshore. Smith was recently named Mosaic’s CEO for the Americas.

Smith had this to say about Boren’s new role: “I look forward to working with Joe, who has been a mentor and friend of mine for many years. Mosaic stands to benefit enormously by having someone of his calibre lead our advisory board.”

The industry veteran, meanwhile, commented: “I’m excited to join the advisory board of Mosaic. Mitch was a driving force behind the creation of Ironshore, and, with Mark and other colleagues at the company, built a strong international presence.

“It will be fun to join them, and my friend and colleague Toby, to assist as they continue to build this dynamic specialty company.”

Boren was referring to Mosaic co-CEO Mitch Blaser, who described the advisory board chair as a “progressive industry leader” whom they trust.

“His leadership of this high-level panel of experts is an asset as we move to accelerate the buildout of our business, with emphasis on our three largest lines, cyber, and transactional and environmental liability.”

Co-CEO Mark Wheeler, meanwhile, added: “It’s a privilege to welcome Joe as chair of what we envision will be an esteemed group of experts who can offer our teams excellent guidance and connectivity to a valuable network of industry relationships.

“The deep knowledge of leaders like Joe has been honed across market cycles and business lines, and it will provide Mosaic with a competitive advantage.”

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