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Mosaic expands its political risk coverage to the US

March 28, 2024

Mosaic Insurance, a specialist firm, has extended its political risk coverage to the US market and launched a new insurance product named Arbitration Award Default Insurance (AADI), offering a global coverage limit of $65 million.

AADI is designed to compensate parties in cases where sovereign states breach investment treaties or contractual obligations.

It provides coverage both before and after arbitration decisions, with a $65 million capacity per risk and a five-year term for policyholders, extendable on a case-by-case basis.

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