Ascot has named AXIS Capital’s Drew Walter as Executive Vice President and Head of Cyber & Commercial E&O, based in New York.
In his new role, Walter will be tasked with building a business writing cyber as well as technology, media and miscellaneous E&O classes of business.
He joins the firm from AXIS Capital where he served as Head of Global Cyber & Technology underwriting delivery.
Ascot has also announced that Tracy O’Hara, Abigail Oliver, Greg Garijanian, and Ben Mancuso will also join the Cyber & Commercial E&O team. Ascot states that the team will have a national presence across the U.S. and will have a focus on wholesale and limited retail distribution to write both admitted and non-admitted products.
President and Chief Executive Officer (CEO) of Ascot, Greg Wolyniec, commented: “The addition of Drew’s team exponentially strengthens our U.S. financial lines presence. The E&O lines complement our existing LPL and recently launched D&O and FI offerings while the team’s cyber expertise will be used to provide standalone and innovatively bundled cyber solutions across many of our lines of business.
“As we head into 2020, Ascot U.S. now offers a complete set of Specialty and Financial Lines products with market leading underwriters to service our brokers and clients.”
