Specialty re/insurer Ascot has announced that Justin Keith has been promoted to Chief Underwriting Officer (CUO), Casualty/Specialty in Bermuda.
Within this new role, Keith will oversee Ascot’s Management Liability and Healthcare insurance portfolios, along with Ascot Bermuda’s expansive Casualty/Specialty reinsurance operation.
Keith’s promotion comes after spending five years at Ascot. His most recent role within the company was Head of Casualty/Specialty, where he was instrumental in developing Ascot’s underwriting capabilities and offerings.
Keith joined Ascot in 2017 after serving at specialist re/insurer Hiscox Re, where he had spent six years underwriting a range of specialty insurances in the Bermudian market. He also served as the company’s Vice President for four years too.
Prior to this, he served as Vice President for Ironshore Insurance, and spent three years as a Senior Underwriter for CNA Insurance.
Addressing the appointment, Ian Thompson, President & CEO Ascot Bermuda said: “Justin has been instrumental in broadening our casualty solutions so Ascot is now active in most major classes of business in Bermuda. In this new role, I know Justin will continue to help provide underwriting oversight and product development as we expand our presence in the local market and provide additional solutions to brokers and clients.”
Keith added: “Since joining Ascot in 2017, we’ve grown the business to be a diverse platform in the Bermudian market which can offer a range of (re)insurance products. We’ll continue to enhance our capabilities and ensure we’re a vibrant and diverse platform which combines excellent underwriting talent with market-leading claims and service – consistent with the Ascot way.”
