Speciality re/insurer Ascot has launched a global platform Ascot Re for reinsurance underwriting and client-focused ceded risk solutions.
The newly launched platform will operate as a single point of entry for all of Ascot’s reinsurance products and capabilities.
It will house all existing reinsurance offerings across Ascot’s global markets ecosystem. Existing Ascot operating companies will remain unaffected by this.
Mark Pepper, group chief underwriting officer, will lead Ascot Re, while executive oversight will be provided by Andrew Brooks, group CEO, and Jonathan Zaffino, group president.
Pepper will supervise Rory Cline, president of Ascot Re US, which provides FAC solutions. It comprises property, led by Libby Ismail, casualty, under Tony Kashuba and professional liability, under Steve Robinson.
Ascot Re will provide property & casualty treaty underwriting through Lloyd’s. Amanda Jeffrey will head property and John Pilkington will lead casualty.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIan Thompson will oversee Bermuda operations as CEO. Its treaty operations spanning the property and casualty & speciality lines will be led by Simon Kimberley and Justin Keith.
Pepper said: “Reinsurance underwriting has been at the very heart of Ascot throughout our twenty-year history, and the launch of Ascot Re allows us to work even more closely with our brokers to ensure we provide the right solution for clients, regardless of where it sits within our ecosystem.”
Zaffino added: “Ascot Re will allow us to deliver the firm’s deep technical knowledge and multiple underwriting capabilities, backed by the Group’s unique financial strength.”