Mosaic Insurance Added Senior Executives in New York
The firm hired two senior vice presidents to expand its North American financial and professional liability team.
Updated on Sept. 21, 2026 in Financial Services
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Mosaic Insurance has hired Risa Kleiner and Daniel Frusciano as senior vice presidents in its New York office. These appointments support the expansion of the firm's North American financial and professional liability operations.
Why it matters
The firm is expanding its team in response to rising demand from clients navigating increasingly complex regulatory, litigation, and operational environments.
The global FinPro team currently consists of 24 specialists tasked with supporting complex financial and professional liability accounts. This staff expansion follows multiple regional hiring efforts conducted throughout 2025 and the spring of 2026.
The players
Mosaic Insurance
Mosaic Insurance is a global specialty insurer that provides coverage for professional and financial liability risks.
Risa Kleiner
Risa Kleiner serves as the Senior Vice President of Financial Institutions within the company.
Daniel Frusciano
Daniel Frusciano serves as the Senior Vice President of Professional Liability for the firm.
The details
Mosaic Insurance has launched a new primary asset manager policy that integrates directors and officers coverage, professional liability, and fund liability into a single product. Additionally, the company introduced a primary miscellaneous professional liability policy and its Innovator One solution tailored for fintech businesses.
Timeline
Sachin Warty and Ann Nozica joined the team in 2025.
John Soular, Michael Rossiter, and Katy Heatherton were hired in spring 2026.
Risa Kleiner and Daniel Frusciano were appointed to the New York team in September 2026.
Market Landscape
Mosaic Insurance's release of a combined asset manager policy follows the broader industry trend of streamlining multiple liability coverages into single, consolidated forms. By adding senior leadership in New York, the firm is strengthening its competitive position against established insurers within the North American specialty risk market.
Clients in the asset management and fintech sectors may see new options for consolidated insurance coverage. These products aim to simplify liability management by grouping previously separate policies into a single form.
The takeaway
The expansion of specialized liability teams reflects a growing need for insurers to provide comprehensive coverage in volatile regulatory environments. Businesses should evaluate whether consolidated insurance products might reduce administrative complexity compared to holding multiple separate policies.
Further reading
For more information on the industry, visit Financial Services.
Source note: This article includes information reported by ReinsuranceNe.
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