Mosaic Insurance Group 3rd Year Anniversary

“Dear colleagues,

Today, as we celebrate the third anniversary of our company, I am proud to share the significant achievements we have accomplished during this period.

Over the past three years, we have experienced remarkable growth in premium collection. Starting from $164,000 in 2021, we have achieved an impressive $6,500,000 in 2023. This substantial growth reflects our successful insurance market strategy and the dedicated efforts of every member of the MIG team.

Our authorized capital has increased from $1,500,000 in 2021 to an impressive $6,350,000 in 2023. This fortifies our financial stability, providing a solid foundation for long-term growth and development, with further plans to increase it to $30,000,000. Company assets have risen from $3,650,000 in 2021 to $11,070,000 in 2023.

Despite a significant increase in insurance payouts, starting from $27,000 in 2021 and reaching $432,000 in 2023, we continue to adhere to a strategy of efficient management and sustainable development.

Today, we are actively preparing for international ratings, opening new horizons for our company. All these pivotal moments underscore your outstanding contributions to our company’s success and signal that the best is yet to come.

These financial indicators speak volumes about your exceptional contributions to our company’s success. Thank you for your hard work, dedication, and commitment to excellence. Together, we have paved a successful and sustainable path for our company.

Congratulations to all of us on this significant anniversary, and we eagerly anticipate new achievements on our future journey.

Best regards,

Oybek N. Khalilov

CEO at Mosaic Insurance Group”