Bermuda domiciled specialty insurer and reinsurer, Ascot Group, has expanded its US Management Liability and Financial Institutions group with the of Crystal Greene as Senior Vice President, Head of Management Liability.
Greene will lead Ascot’s commercial D&O and related product business in the US from Atlanta.
She joins Ascot with 25 years of re/insurance industry experience, of which 17 were spent with Liberty Insurance, where she held a range of management positions.
Greene’s appointment follows the recent hires of Ryan Becker, Executive Vice President, Management Liability & Financial Institutions, and Kenny Li, Senior Vice President and Head of Financial Institutions.
John Patterson, Vice President and Head of Financial Lines Claims, also joined the group in May.
Set to launch in February 2020, the new group will target the wholesale distribution channel by building a portfolio within the commercial and FI lines, with primary and excess placements, and with standard and E&S business.
“Crystal is among the most trusted and respected underwriters in our industry,” commented Becker.
“Her experience in building new businesses and developing standard and E&S strategies across all management liability lines make for a perfect match with the fresh and innovative platform we are creating within Ascot.”
He added: “The diversity and diligence in our underwriting process and in limit management will enable this group to succeed in all market conditions, near and long term.”
