Reinsurance News

Ascot appoints four from Allied World to excess casualty team

29th October 2019 - Author: Luke Gallin

Bermuda domiciled specialty insurer and reinsurer, Ascot Group, has appointed a new excess casualty team, including the addition of Patrick Kenahan as Head of Excess Casualty in Bermuda.

ascotAlongside Kenahan, Ascot has also announced that Jason Pugi, Kimberley Pursell, and Michael Watkins have joined as Senior Vice Presidents.

The entire team has joined Ascot from insurer and reinsurer Allied World, and will underwrite excess casualty insurance for large corporations across a broad range of industry classes.

Kenahan brings more than 25 years of industry experience to the role, 16 of which have been spent in Bermuda. Most recently, he served as Senior Vice President and Bermuda Branch Manager at Allied World.

Pugi, Pursell, and Watkins most recently served as Vice Presidents of General Casualty at Allied World.

Ian Thompson, Head of Casualty & Specialty, Ascot Re, commented: “Pat and the team have a strong reputation in the market for their casualty insurance expertise. Their underwriting acumen is consistent with Ascot’s underwriting philosophy and the brand that we continue to build on the island.

“The addition of this team means Ascot is now in a position where we operate in almost all casualty and specialty classes of business in the Bermudian market.”

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