Ascot News

Zaffino Exits Everest to Join Ascot as Group President

Ascot has announced the appointment of Jonathan M. Zaffino as group president. He will oversee the organization’s U.S. and Bermuda platforms and will also have executive responsibility for Ethos Specialty, a managing general underwriter in the U.S. market. Zaffino has …

Ascot Appoints Walter as Executive VP and Head of Cyber & Commercial E&O

Ascot has appointed Drew Walter as executive vice president and head of Cyber & Commercial E&O. Also joining the team are Tracy O’Hara, Abigail Oliver, Greg Garijanian and Ben Mancuso. Based in New York, Walter will build a business writing …

Greene to Head Ascot Management Liability, Financial Institutions Group in Atlanta

Ascot has appointed Crystal Greene as senior vice president, head of Management Liability. Greene will lead Ascot’s commercial directors and officers (D&O) and related product business in the U.S from Atlanta. She joins Ascot with 25 years of experience – …

Ascot Launches U.S. Management Liability and Financial Institutions Unit

Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new group will offer a wide range of admitted and non-admitted, primary and excess directors & officers (D&O) and financial institutions …

Ascot Taps Kenahan from AWAC as Head of Excess Casualty in Bermuda

Ascot announced the appointment of Patrick Kenahan as head of Excess Casualty in Bermuda. In addition, Jason Pugi, Kimberley Pursell and Michael Watkins were named senior vice presidents. The team will write excess casualty insurance for large corporations across a …

Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks

A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwriters …

Ascot and Beazley Launch $50M Insurtech-Linked Cargo Consortium for SMEs

Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range of cargo carriers that will provide a …

Ironshore’s O’Brien Joins Ascot U.S. to Launch Environmental Business

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 product business unit accessing both the admitted and excess and surplus capabilities …

Ascot Opens U.S. Unit, Names Wolyniec CEO, Completes Greyhawk Acquisition

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 Co., an inactive Colorado domiciled admitted carrier, and …

Cline Named CEO of Ascot’s U.S. Platform Ethos Specialty

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 underwriting officer, having joined Ethos Specialty at inception in …