Mosaic Insurance Group increased its authorized capital

We are pleased to announce that Mosaic Insurance Group has officially increased its authorized capital to 104 billion UZS.

This significant milestone reflects our commitment to strengthening our financial position and enhancing our ability to deliver exceptional services to our clients and partners. The increased capital will enable us to support larger risks, expand our offerings, and drive sustainable growth in the years ahead.

We extend our gratitude to our stakeholders for their continued trust and support as we advance towards our vision of becoming the leading insurance provider in Central Asia

Expanding Globally: Nozima Khashimova on Mosaic Insurance Group’s Growth

Nozima Khashimova, Commercial Lines Underwriter at Mosaic Insurance Group, reflects on her five years in insurance, specializing in foreign inward risks. Despite being a young company, Mosaic has become a trusted reinsurer locally and internationally, partnering with top brokers like AON, UIB, and WILLIS.

With reinsurance premiums rising from $620,000 in 2023 to $1 million by mid-2024, Mosaic’s growth is driven by strategic partnerships in Southeast Asia, Eastern Europe, and Latin America. Armed with a new Moody’s rating, the company plans to expand into Australia and Africa. Recently awarded the CII certificate, Nozima credits Mosaic’s strong support for her development, contributing to its global ambitions.

Exploring New Horizons in London

We are excited to share the outcomes of a fruitful meeting between Mr. Oybek Nosirovich Khalilov , CEO of Mosaic Insurance Group, and Steve Jackson, Chief Commercial Officer at XS Global. This discussion opened doors to potential collaborations, blending Mosaic’s expertise in Central Asia with XS Global’s strong presence in Latin America.

XS Global, a leading regional MGA and Lloyd’s Coverholder, has grown significantly since its inception in 2015. With a focus on deploying targeted reinsurance capacity and a proven track record for profitable underwriting, XS Global continues to set benchmarks in the (re)insurance market.

Strengthening Strategic Partnerships in London

We are delighted to share the highlights of a recent meeting in London between Mr. Oybek Khalilov, CEO of Mosaic Insurance Group, and Ian Anson, Managing Director of Rokstone Group. This gathering marked a promising step toward exploring future cooperation and partnership opportunities.

Rokstone Group, a leading global Managing General Agent (MGA) and approved Lloyd’s coverholder, has established itself as a trusted provider of specialist (re)insurance solutions. Since its inception in 2017, Rokstone has grown exponentially, now underwriting over USD 1 billion in Gross Written Premium (GWP) annually across multiple business lines. As part of the Aventum Group, Rokstone is uniquely positioned at the intersection of underwriting and broking, delivering innovative and tailored risk solutions to brokers worldwide.

During the meeting, Mr. Khalilov and Mr. Anson discussed potential collaborations aimed at leveraging their respective expertise to deliver superior insurance and reinsurance solutions. With Mosaic Insurance Group’s robust presence in Central Asia and Rokstone’s global capabilities, this partnership holds immense potential for fostering innovative approaches in the insurance market.

ÖZBEKİSTAN SİGORTA PAZARINDA DAYANIKLILIK VE BÜYÜME OLUŞTURMA: MİRAZİZ KHİDOYATOV İLE RÖPORTAJ

Mosaic Insurance Group Genel Müdür Yardımcısı Miraziz Khidoyatov, şirketin 2021’deki kuruluşundan bu yana geçirdiği dikkat çekici yolculuğuna ışık tutuyor. Mosaic Insurance Group, Ticari Hatlar sigortasında uzmanlaşarak ve güvenlik ve hizmet için yüksek bir çıta belirleyerek Özbekistan sigorta pazarında hızla önemli bir oyuncu haline geldi.

Bay Khidoyatov, şirketin 2023’te Brüt Yazılı Primde %330’luk bir artışla etkileyici büyüme yörüngesini ve Özbekistan’ın en iyi 10 sigortacısı arasında yer alma yönündeki iddialı planlarını tartışıyor. Mosaic’in yetkili sermayesinin stratejik genişlemesini, mali dayanıklılığını güçlendirmeyi ve daha büyük sigorta kapasitesini desteklemeyi amaçlayan bir hamleyi ayrıntılı olarak anlatıyor.

Mosaic Insurance Group at the Forefront of Professional Development


We are proud to announce that our Chief Accountant, Аделя Бабикова , attended a conference focused on modern trends in accounting, taxation, and finance.

Key topics included digitalization, international business standards, AI, and risk management, with insights shared by representatives from ACCA and IAPBE. The event provided a platform for knowledge exchange and valuable networking opportunities.

At Mosaic Insurance Group, we remain committed to advancing professional excellence and fostering connections across industries.

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WTW Global Renewable Energy Conference 2024

Mosaic Insurance Group (MIG) proudly participated in the WTW Global Renewable Energy Conference 2024, held on November 18-19, 2024, at Istanbul. Represented by CEO Oybek Nosirovich Khalilov , MIG joined industry leaders, innovators, and experts to address the critical risks and opportunities associated with achieving Net Zero emissions by 2050.

The conference featured distinguished speakers from international insurance markets and the renewable energy sector, fostering in-depth discussions on the complexities of transitioning to a low-carbon future. Attendees explored strategies to navigate challenges, from risk assessment to mitigation, while connecting with key stakeholders in the industry.

For Mosaic Insurance Group, the event was an invaluable opportunity to deepen its understanding and adopt the latest best practices in managing complex risks for energy projects. As a fast growing commercial insurance provider in Uzbekistan, MIG remains committed to continually enhancing its expertise and adapting innovative solutions to support the growth of renewable energy both regionally and globally.

Stay tuned for more updates as Mosaic Insurance Group continues to lead efforts in advancing sustainable risk management practices.


#WTWConference2024 #NetZero2050 #RenewableEnergy #RiskManagement

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Building a Global Footprint: Nozima Khashimova on Mosaic Insurance Group’s Growth and Future Goals

Nozima Khashimova, a Commercial Lines Underwriter at Mosaic Insurance Group, shares insights into her five-year journey in insurance, with a specific focus on underwriting foreign inward risks. Mosaic Insurance, although relatively new, has quickly established itself as a trusted reinsurer in both local and international markets, working with nearly all local insurers and collaborating with leading international brokers such as AON, UIB, and WILLIS. The company’s reinsurance portfolio has grown significantly, with premiums rising from $620,000 in 2023 to $1 million by mid-2024. This growth is supported by strategic partnerships across Southeast Asia, Eastern Europe, and Latin America. With a newly acquired Moody’s international rating, Mosaic is now looking to expand further into Australia and Africa, aiming to capitalize on new market opportunities. Nozima, recently awarded the CII certificate, credits her professional development to the robust support and expertise at Mosaic, as she continues to contribute to the company’s ambitious growth in the global insurance landscape.

SIRC 2024 Wrap

What an extraordinary Singapore International Reinsurance Conference (SIRC) this year! Over the past four days, Mr. Oybek Khalilov engaged in impactful discussions with valued partners like China Zenith, Howden Australia, Consilium Brokers, AM Best, Borneo Re, Tenger Daatgal, Coverhill Mongolia, PWS Global Risks, Samsung Re, UIB, PINC, Kay International, Sinoasia Group, and Abu Dhabi National Insurance Company, to name a few.

From insightful keynote speeches and panel discussions to productive meetings and new friendships, SIRC 2024 has been a testament to the industry’s commitment to navigating a sustainable future and attracting new talent.

We’re energized by the connections and transformative ideas gained here and look forward to carrying this momentum into next year’s business. Thank you to everyone who made it unforgettable!

#SIRC2024 #GlobalConnections #FutureOfInsurance #MosaicInsuranceGroup