Specialty re/insurer Ascot has appointed Brian Chiolan in the newly created position – Executive Vice President, Management & Professional Liability.
He will report directly to Matt Kramer, CEO, US Insurance.
Within this new role, Chiolan will have oversight responsibility for the re/insurer’s US Management Liability, Financial Institutions, Professional Liability & Cyber portfolios with a particular focus on portfolio management, product development, premium expansion and enhanced distribution strategies.
The key leadership position will work closely with Ascot’s Financial Lines underwriting teams and executive management to further Ascot’s strategic goals in the U.S. Insurance market.
With over 30 years of experience within the industry, Chiolan’s career has spanned from roles in Professional Liability, D&O and Casualty at leading underwriting organizations, including The Hartford as well as Arch Insurance Group.
Most recently he served as Executive Vice President of Arch’s Healthcare division.
Commenting on his appointment, Chiolan, said: “I’m delighted to join Ascot at this exciting time in their evolution. Having spent the large majority of my career overseeing Management & Professional Liability products, I look forward to working closely with the Ascot executive team in expanding our capabilities and enhancing our offerings to our brokers and insureds.”
Kramer, added: “As our organization continues to grow and diversify its product suite, attracting this level of management expertise is critical to ensure we maintain excellence across our specialty underwriting strategies.
“Brian is an excellent choice to lead our Management & Professional Liability initiatives due to the depth of his underwriting background, collaborative and engaged leadership style and his enviable track record which make him a great addition to the Ascot US leadership team.”
