Mosaic Insurance Holdings Ltd. said on Wednesday that it offers transactional liability in the United States, including guarantees and guarantee insurance, in the midst of a sharp increase in merger and acquisition activity. capacity of $ 25 million per risk as a leading market for M&A coverage, which it expects will increase to meet demand. , William Monat, global head of M&A, said in a statement.
"The rise in business activity began at the end of last year and continues to heat up thanks to available capital, motivated buyers and sellers and a significant estimated demand," he said.
Coverage will expand globally later this year, Monat said.
Mr. Monat was recently recruited from Willis Towers' Watson PLC to lead Mosaic's global transaction responsibilities, along with several other senior transaction risk executives.