Mosaic Expands Its Global Tax Liability Team

May 15, 2024 | 0 Comments

Mosaic Insurance has hired tax-risk specialists Camille Zabukovec in London and Roktim Kaushik in New York.

A spokesperson said, “Mosaic Insurance has expanded its global transactional tax-liability team to meet rising demand in the sector with the hire of two tax-risk specialists.

“Camille Zabukovec joined the company’s London office as a AVP, Tax Underwriter, supporting the transactional team on tax risks in jurisdictions outside North America. She brings prior tax-risk underwriting experience and also previously worked as a tax attorney at a Paris-based firm, advising investment funds, insurance companies, and banks on tax-related aspects of domestic and cross-border transactions.

Mosaic’s global transactional tax-liability team: Will Gay, Ze’ev Deutsch, Greg Branagan, Camille Zabukovec, Roktim Kaushik & Jon Hutchens:

Mosaic Insurance Global Tax Liability Team Bermuda May 2024

“In New York, Roktim Kaushik joined Mosaic’s North America tax team as VP, Tax Americas. Before coming to Mosaic, he worked as a tax attorney with a Big Four accounting firm, where his practice focused on cross-border transactions, including mergers and acquisitions, restructuring, and efficient tax structures for private equity funds.”

Jon Hutchens, Global Head of Tax, Transactional Liability at Mosaic, said, “We are seeing booming demand for tax insurance as the product penetrates new markets around the globe.

“Camille is a crucial addition to our London-based international team, with her industry and advisory experience in a variety of tax jurisdictions. Bringing Roktim aboard in North America, with his experience working on the most complicated tax issues, will make us even better positioned to deliver practical solutions for taxpayer clients.”

The spokesperson said, “Mosaic’s tax-underwriting team is part of the company’s transactional liability division. It now consists of six specialists who focus on a range of M&A-related and standalone tax risks—for which the product indemnifies policyholders against specific tax liabilities, providing certainty during deal-making.

“The group distinguishes itself in complex tax issues and operates on a one-team global platform, backed by Mosaic’s syndicate 1609 capacity alongside trade capital from partner Lloyd’s syndicates, and supported by Mosaic’s sophisticated and experienced claims team.”

Will Gay, Head of International Tax, Transactional Liability at Mosaic, said, “We are delighted to welcome the dual talents and experience of Camille and Roktim at this time of exciting growth for the team and the product. As we continue to work with our broker partners on innovation and promotion in the tax-insurance space, their contribution is, and will continue to be, key to our success.”

The spokesperson said, “Transactional liability is one of seven lines of specialty business Mosaic underwrites. The firm’s other lines include cyber, political risk, political violence, environmental liability, financial institutions, and professional liability.”

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