Latest Ascot Headlines
All the headlines from our Ascot Topic Page, ordered by recency.
Ironshore’s O’Brien Joins Ascot U.S. to Launch Environmental Business
Nov 20 2018 // Ascot has named environmental insurance veteran John O’Brien as executive vice president and head of Environmental. O’Brien will be responsible for launching an environmental liabilities and related specialty...
Lloyd’s Market Association Taps Ascot’s CEO Brooks as Chairman, Replacing Maidment
Oct 10 2018 // Andrew Brooks, chief executive officer of Ascot Underwriting Ltd., has been appointed the next chairman of the Lloyd’s Market Association (LMA), with effect from Jan. 1, 2019. Brooks, who has served on the LMA board...
Ascot Opens U.S. Unit, Names Wolyniec CEO, Completes Greyhawk Acquisition
Oct 10 2018 // Bermuda specialty insurer Ascot Group has launched Ascot Insurance U.S. and appointed Greg Wolyniec as its president and chief executive officer. Ascot also announced the completion of the acquisition of Greyhawk Insurance...
New York’s Ethos Specialty Insurance Services Appoints Cline as President, CEO
Sep 18 2018 // Ethos Specialty Insurance Services (Ethos), Ascot Group’s New York-based MGU platform, has appointed Rory Cline as president and CEO. Cline takes the helm from his current role as chief underwriting officer, having...
Cline Named CEO of Ascot’s U.S. Platform Ethos Specialty
Sep 17 2018 // Ethos Specialty Insurance Services, Ascot Group’s U.S. managing general underwriting platform, has appointed Rory Cline as president and chief executive officer. Cline takes the helm from his current role as chief...
Ascot Creates U.S. Trade Credit Division; Hires Collins, Barrett to Lead
Jul 25 2018 // Bermuda-based specialty insurer Ascot has created a trade credit insurance division with the appointments of Doug Collins as executive vice president of Trade Credit and Anthony Barrett as senior vice president of Trade...
Ascot Brings On Navigators’ Piazza to Head New U.S. Marine Insurance Team
Jul 12 2018 // Specialty insurance underwriter Ascot Group has appointed a new U.S. marine insurance team led by Chris Piazza as executive vice president and head of U.S. Marine Insurance. Piazza will lead all aspects of Ascot’s...
Business Moves
Jun 4 2018 // Ascot US, Greyhawk Insurance Ascot US Holding Corp. has acquired Greyhawk Insurance Co. and its subsidiary, Grey-hawk Specialty Insurance Co. Greyhawk is a Colorado domiciled admitted lines insurer that has been in runoff...
Neon Names Ascot’s Butt as Group Underwriting Director
May 24 2018 // Specialty insurer Neon announced that Theo Butt will be joining the company in September in the newly-created role of group underwriting director for Neon Holdings Limited. Butt joins Neon from Ascot Underwriting where he...
Ascot US Acquires Inactive Greyhawk Insurance and Specialty
May 22 2018 // Ascot US Holding Corp. has acquired Greyhawk Insurance Co. and its subsidiary Greyhawk Specialty Insurance Co. Greyhawk is a Colorado domiciled admitted lines insurer that has been in runoff since 2006. Greyhawk Specialty...
Ethos Specialty Names Liberty International’s Carr to Head Property Unit
Jan 9 2018 // Ethos Specialty Insurance Services, a subsidiary of Ascot Group, announced that Michael Carr has joined the firm as head of Ethos Property. Carr has 25 years of experience in the excess and surplus property market. Prior...
Ascot Group Launches Bermuda Reinsurer; Berger Appointed CEO
Nov 27 2017 // Ascot Group Ltd. has launched Ascot Reinsurance Co. Ltd., after receiving approval from the Bermuda Monetary Authority (BMA). Ascot Re has received an additional injection of $1 billion of funds and has been given an...
Ascot Group Taps Ironshore’s Roberts as CFO, Promotes Dimsey to Group COO
Oct 18 2017 // Ascot Group Ltd. (AGL), a Bermuda-based holding company, announced the appointment of Joe Roberts as group chief financial officer, and the promotion of Rob Dimsey to group chief operating officer. Roberts has 30...
Ascot Launches Specialty MGA, Vertical Underwriting Managers
Aug 31 2017 // Ascot Group Ltd. (AGL) announced the creation of Vertical Underwriting Managers, its first specialty managing general agency (MGA) cell under Ethos Specialty Insurance Services, AGL’s standalone MGA Vertical will...
Ascot Launches P/C Reinsurance MGA: Ethos Specialty Insurance Services
Aug 22 2017 // Ascot Group Ltd. (AGL) has launched Ethos Specialty Insurance Services, LLC, a standalone managing general agent (MGA), operating under AGL. Michael Sillat has been appointed as chief executive officer of Ethos, effective...
China’s Ping An to Invest $100M a Year in Japan in Diversification Bid
Mar 27 2017 // Ping An Insurance (Group) Co. plans to invest $100 million a year in Japanese companies as it seeks to diversify its investments outside of China. China’s second-largest insurer will put money with private equity...
Ascot Taps Hiscox Healthcare Specialists, Thompson, Williamson & Keith
Feb 3 2017 // Ascot Underwriting Ltd. announced that Ian Thompson, Nick Williamson, and Justin Keith will be joining Ascot on March 1 to underwrite healthcare, casualty treaty, and specialty reinsurance business, based in Ascot’s...
Hiscox Leads New $1B Fine Art Consortium, in Collaboration with Ascot
Oct 27 2016 // Hiscox announced it has formed a new US$1 billion fine art consortium, the result of a collaboration with Ascot Underwriting. The $1 billion capacity consortium has been constructed specifically to streamline the process...
AIG Selling Stake in Ascot Lloyd’s Syndicate; Will Keep Bermuda, Reinsurance Ties
Sep 16 2016 // American International Group Inc. has agreed to sell its interest in Ascot Underwriting Holdings Ltd. (AUHL) and related syndicate-funding subsidiary Ascot Corporate Name Ltd. to Canada Pension Plan Investment Board...
WSJ: AIG May Sell Shares in Lloyd’s Unit Ascot to Canadian Pension Board
Aug 23 2016 // American International Group Inc. is in early talks to sell its minority stake in the Lloyd’s of London syndicate manager Ascot Underwriting Holdings Ltd. to Canada Pension Plan Investment Board (CPPIB), the Wall...
