Syndicate 1414 News

Ascot Launches Specialty MGA, Vertical Underwriting Managers

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 underwrite both standard and specialty P/C business as well as target …

Kimberley Appointed Chief Underwriting Officer of Ascot Underwriting (Bermuda)

Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Simon Kimberley as chief underwriting officer of Ascot Underwriting (Bermuda) Ltd. Kimberley transferred to AUB in 2014 as underwriter and was formerly an underwriter with Ascot’s treaty team in London. …

Cantlay to Join AIG-Backed Lloyd’s Syndicate, Ascot, as Executive Director

Ex-Aon Benfield Chairman Charlie Cantlay is to join the Board of Directors of AIG’s Lloyd’s Syndicate, Ascot Underwriting, as Executive Director starting 3rd October. Ascot manages Lloyd’s Syndicate 1414. Cantlay resigned as Chairman of Aon Benfield UK earlier this year. …

Ascot Syndicate 1414 Increases 2011 Capacity to $1.038 Billion

Lloyd’s insurer Ascot Underwriting Ltd. announced that it has increased its capacity from £600 million [$958 million] to £650 million [$1.038 billion] “to support its 2011 business plan.” Andrew Brooks, CEO of Ascot Underwriting explained: “Market conditions are changing, providing …