Reinsurance News
Ascot
Ascot names US Chief Risk Officer & Head of Exposure Management
2nd October 2020
Bermuda domiciled specialty insurer and reinsurer Ascot Group has announced the appointment of Steve Guijarro as US Chief Risk Officer (CRO) & Group Head of Exposure Management. As CRO, Guijarro will have responsibility for Ascot’s enterprise risk management function in North America. In addition to these duties, as Group Head of Exposure ... Read the full article
Ascot strengthens North American operations with two senior hires
29th September 2020
Bermuda domiciled specialty insurer and reinsurer, Ascot Group, has announced two senior hires within in its North American operation, including the addition of Elizabeth Johnson as North America Chief Underwriting Officer (CUO). In her new role, Johnson will work with the firm's North America executive leadership team to develop and execute ... Read the full article
AM Best upgrades Ascot Group’s credit rating
8th September 2020
Re/insurer, Ascot Group and its subsidiaries have had their credit ratings upgraded by international financial services ratings agency, A.M. Best. Specifically, the ratings agency has upgraded the Financial Strength Rating to positive from stable and the Long-Term Issuer Credit Ratings (Long-Term ICR) is to stay as “A” (excellent) for Ascot Bermuda ... Read the full article
Ethos Specialty launches U.S. real estate liability program
18th May 2020
Ethos Specialty has announced the launch of a new commercial general liability program for U.S. real estate owners and managers. The new Real Estate program targets apartments, condos, coops and commercial properties, and leverages advanced third party data analytics via multiple APIs, which are sensitive to the individual locations rather than ... Read the full article
Ascot names Everest’s Jonathan Zaffino as Group President
28th April 2020
Ascot Group, a global provider of specialty insurance and reinsurance solutions, has announced the appointment of Everest Insurance's Jonathan Zaffino as Group President. Zaffino will be based in the company's New York office and joins the firm after completing his contractual obligations with Everest Re. It was announced yesterday that Zaffino, ... Read the full article
Parsyl raises $15m, launches suite of tech-enabled cargo insurance products
16th April 2020
Approved Lloyd's coverholder and supply chain data platform, Parsyl, Inc., has announced that Parsyl Insurance has launched a suite of connected cargo insurance solutions for perishable goods, called ColdCover. The new suite of solutions will be powered by the firm's IoT data platform and includes an innovative, industry-first parametric spoilage product, ... Read the full article
AXIS Capital’s Drew Walter joins Ascot to lead Cyber & Commercial E&O
20th December 2019
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 ... Read the full article
Ascot hires Crystal Greene as Head of US Management Liability
19th December 2019
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 ... Read the full article
Ascot appoints four from Allied World to excess casualty team
29th October 2019
Bermuda domiciled specialty insurer and reinsurer, Ascot Group, has appointed a new excess casualty team, including the addition of Patrick Kenahan as Head of Excess Casualty in Bermuda. Alongside Kenahan, Ascot has also announced that Jason Pugi, Kimberley Pursell, and Michael Watkins have joined as Senior Vice Presidents. The entire team has ... Read the full article
Ascot adds Markel’s Jeff Vetter as Exec VP, Head of Inland Marine
19th February 2019
Bermuda-domiciled re/insurer Ascot has announced the appointment of Jeff Vetter as Executive Vice President and Head of Inland Marine. Vetter joins with over 27 years’ experience in the industry and most recently led Markel’s inland marine division. “Jeff is a highly respected leader in his class of business," said Greg Wolyniec, President and ... Read the full article
Ascot & Beazley launch tech-driven cargo consortium at Lloyd’s
12th February 2019
Ascot and Beazley have partnered on the launch of a new Lloyd’s based cargo consortium that uses insurtech solutions to help manage risk and claims performance. The A2B consortium, which aims to cement Lloyd’s position in the global cargo market, brings together a range of carriers to provide a maximum of ... Read the full article
Ascot adds Chris Johnson, Jocelyne Factor from Navigators
14th December 2018
Ascot, a Bermuda-headquartered re/insurance firm, has announced the appointment of Chris Johnson and Jocelyne Factor as Underwriters in its U.S marine team. Both Johnson and Factor will be based in the company’s San Francisco office, expanding Ascot’s geographic footprint to the West Coast. Johnson, Senior Vice President, joins from Navigators where he ... Read the full article
Ascot appoints John O’Brian as Executive VP & Head of Environmental
19th November 2018
Ascot, a Bermuda headquartered insurance and reinsurance firm, has announced the appointment of John O’Brian as Executive Vice President and Head of Environmental. O’Brian will be responsible for launching an environmental liabilities and related specialty product business unit accessing both the Admitted and E&S capabilities of Ascot Insurance U.S. “John is one ... Read the full article
Ascot completes Greyhawk acquisition, launches new U.S unit
10th October 2018
Ascot Group, a Bermuda headquartered insurance and reinsurance firm, has announced the completion of its acquisition of two U.S insurance entities from Greyhawk Insurance, which have been renamed under the brand of its newly launched unit, Ascot Insurance U.S. Ascot also revealed that it has appointed Greg Wolyniec as President and ... Read the full article
Ethos Specialty names Rory Cline as CEO
17th September 2018
Ethos Specialty Insurance Services, part of Ascot Group’s Managing General Underwriter platform, has appointed Rory Cline as its President and Chief Executive Officer. Cline has served as Chief Underwriting Officer since joining Ethos Specialty at its inception in 2017, before which he served as President of Ascot Specialty U.S, a position ... Read the full article
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