Reinsurance News
Ascot
Thompson appointed AUL CEO, Keith to lead Ascot Bermuda Limited
6th June 2024
Ascot, a Bermuda-based global specialty insurance company, has appointed Ian Thompson as Chief Executive Officer and Director of Ascot Underwriting Limited (AUL) and Justin Keith as President and Chief Executive Officer of Ascot Bermuda Limited. Thompson is taking over the London-based role from Jonathan Zaffino. As CEO and Director of AUL ... Read the full article
Paragon Insurance & Ascot Group partner to deliver client solutions
20th May 2024
National multi-line managing general agent (MGA), Paragon Insurance Holdings LLC, has entered into a partnership with Ascot Group, which is set to leverage both of the organisations strengths and capacities. In its first program partnership, Ascot will support Paragon’s public entity casualty insurance program, Trident Public Risk Solutions (Trident). Ultimately, this collaboration ... Read the full article
Ascot Group makes senior leadership changes in Bermuda
3rd May 2024
Ascot Group, the global specialty insurance firm, has appointed Michael Watkins to the newly created role of Head of Bermuda Insurance, simultaneously, Jason Pugi has been named the Head of Bermuda Excess Casualty. Watkins will be supported by the Bermuda platform’s segment leaders in this new role. According to the insurer, he ... Read the full article
Erin Osborne named Head of U.S. Excess Casualty, Ascot
1st May 2024
Ascot Group, the global specialty insurance firm, has appointed Erin Osborne to the role of Head of U.S. Excess Casualty, where she will assume full management and leadership responsibility for the business unit. The role will also see her lead the strategic planning for future growth across the market segment. In the ... Read the full article
Ascot names Charles Craigs Managing Principal, Bermuda Third-Party Capital
4th April 2024
Ascot Group has appointed Charles Craigs as Managing Principal overseeing the firm's Third-Party Capital initiatives in Bermuda. Craigs holds experience across management, underwriting, capital, and operations functions, and joins Ascot from Canopius Re, where he spent 15 years in executive leadership roles in the company’s London and Bermuda offices. He most recently ... Read the full article
Ascot announces new parametric insurance capabilities
2nd April 2024
Global specialty insurance firm Ascot has announced the establishment of a new parametric insurance capability to complement its Property offering. This enhanced capability will be led by Mark Pepper, Ascot Group Chief Underwriting Officer and supported by the London property underwriting team. Available across perils and a range of industries, Ascot’s parametric ... Read the full article
Ascot launches Marine & Energy Treaty business led by Alex Kirkby
21st February 2024
Ascot Group, a global specialty insurance firm, has announced the launch of its Marine & Energy Treaty reinsurance business. Alex Kirkby has been appointed as Senior Vice President and Head of Marine & Energy, Bermuda, with support from Emma Foxley, who will serve as Vice President of the division in ... Read the full article
Ascot names Elizabeth Johnson Group COO
30th January 2024
Bermuda-based global specialty insurance firm Ascot Group has announced the appointment of Elizabeth Johnson as Group Chief Operating Officer (COO), effective immediately. Johnson brings to her new role extensive Property & Casualty industry experience and an excellent track record of developing and leading successful business operations. She will be responsible for leading ... Read the full article
Ascot strengthens U.S. Excess Casualty team with four senior appointments
24th January 2024
Global specialty insurance firm Ascot Group has made a number of senior appointments as it looks to strengthen its U.S. Excess Casualty operations, including Ashley Hofler Hunley as Vice President (VP), Southeast; Erin Osborne as VP, Northeast; Shawna Hadjipateras as VP, West; and Brian DelTufo, as VP, Construction Product Lead. Jeff ... Read the full article
Ascot expands its Environmental insurance portfolio with new offering
10th October 2023
Global specialty insurance firm Ascot, has expanded its environmental offering with the launch of Prime PREMIER, a new fixed-site pollution product designed for clients focused on real estate, manufacturing, distribution, warehousing, industrial and development. Prime PREMIER was named for Protecting Real Estate, Manufacturing, and Industry from Environmental Risk. According to the announcement, ... Read the full article
Ascot Group appoints Mark Wilcox as CFO
5th October 2023
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 ... Read the full article
Ascot hires new Predictive Modeling & AI Strategy Leader
2nd October 2023
Artificial intelligence (AI) industry leader Christian Toft-Nielsen has been appointed to the role of Senior Vice President, Predictive Modeling and AI Strategy at Ascot. According to the announcement, in this newly created role, Christian will hold responsibility for developing the company's AI and analytics framework to optimize processes and drive operational ... Read the full article
Gerald Erasmus joins Ascot Group as Reinsurance Controller
11th July 2023
Gerald Erasmus has joined specialty re/insurer Ascot Group as Reinsurance Controller, a role based in the firm's Bermuda office. Erasmus joins Ascot Group after almost seven years with RenaissanceRe, where he most recently served as AVP Controller - Casualty & Specialty Ceded. He joined the company as Senior Reinsurance Accountant in 2017 ... Read the full article
Ascot names John Kuhn as SVP, Management Liability and Head of Large Public
24th May 2023
Specialty re/insurer Ascot has appointed John Kuhn as Senior Vice President, Management Liability and Head of Large Public. In his new role, Kuhn will spearhead the development and execution of Ascot's Large Public Directors & Officers (D&O) strategy, with a primary focus on underwriting excellence and portfolio management through dual distribution ... Read the full article
Ascot launches innovative portal for Lloyd’s coverholders
15th May 2023
Specialty insurer and reinsurer Ascot announced the launch of its new portal designed exclusively for Lloyd's coverholders. The portal will initially be introduced with a coverholder based in Australia, marking a significant step forward for Ascot in streamlining the distribution chain and enhancing its relationship with coverholders and customers through technology. "By ... Read the full article
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