Bermuda-domiciled specialty re/insurer Ascot has added Jeffrey Canfield as Executive Vice President, Casualty & Product Innovation for its MGU subsidiary Ethos Specialty.
Canfield will lead an expansion of Ethos Specialty’s range of solutions as well as underwrite a broad suite of casualty-based products.
This includes furthering the underwriting and digital capabilities of Ascot Group’s small excess casualty portal for wholesale brokers, and launching new SME targeted casualty solutions.
He will also focus on embedding technology and automation into the underwriting process across Ethos Specialty’s ecosystem.
Canfield joins following two-decades serving in various senior casualty underwriting positions, including stints at AIG and Aspen.
Most recently, he was at Argo Group serving as SVP, Head of Casualty before taking on a development role as Head of Innovation, responsible for delivering alternative distribution models, automation and product enhancement for start-ups.
Reporting in to Nick Greggains, CEO, Ethos Specialty, he will work closely with the head of underwriters across the MGU.
“Ethos Specialty continues to build a market leading platform which fuses exceptional technical expertise with the highest quality operational efficiencies,” said Greggains.
“We’re confident this technology, underwriting and distribution model can provide long term profitability to our capital partners. Jeff’s experience in developing systems and products will assist us in enhancing this competitive advantage and I’m delighted he has joined us at this important stage in our growth journey.”
Commenting on his appointment, Canfield said, “Ethos Specialty offers a distinct type of strategy which mixes high quality underwriting with operational efficiencies as a single service to risk partners. I’m excited to join the business and work with Nick and the talented underwriting teams to increase our product breadth and overall depth of offering.”
