Bermuda-based global specialty insurance firm Ascot Group has named Mark Wilcox as its new Group Chief Financial Officer, reporting to Group CEO and President Jonathan Zaffino, effective November 8, 2023.
Wilcox joins Ascot from Selective Insurance Group, where he led global finance operations and capital management strategy, as well as accounting, treasury, investor relations, internal audit, investments, reinsurance, enterprise risk management, procurement, contracts, and tax, in his role as Executive Vice President and CFO.
Before joining Selective, Wilcox spent over a decade at Renaissance Re in Bermuda, where he served as Senior Vice President, Corporate Controller and Chief Accounting Officer.
In his new role at Ascot, Wilcox will be responsible for leading the firm’s global finance organisation and capital strategy, including all financial planning and analysis, tax, and treasury functions.
“I am so honored and proud to be joining Ascot Group, a firm I have admired for many years. I look forward to being a part of Ascot’s exceptional leadership team and working to advance the company’s strategic agenda,” Wilcox said.
He continued, “In a short time, I have been able to see how dynamic and entrepreneurial Ascot’s culture is, and I look forward to working to elevate its mission of creating the best specialty insurance products and reinsurance solutions for clients across the globe.”
Jonathan Zaffino added, “I am thrilled to welcome Mark to the Ascot family. Mark’s unique and diverse experiences, along with his undisputed track record of success, will help accelerate Ascot’s strategic pursuits and ambitions.
“As we continue to expand our organization globally, across both the specialty insurance and reinsurance segments, Mark’s proven financial acumen will be a significant addition to our leadership team, our colleagues and our valued clients.”
