Ascot Group | LinkedIn (original) (raw)
About us
Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized businesses as well as offering underwriting services to high-quality carrier and syndicate partners. Ascot Group is owned by CPP Investments, a global investment management organization that invests the assets of the Canada Pension Plan. CPP Investments is the largest pension plan in Canada with over C$500 billion in invested assets, representing the retirement contributions of over 20 million Canadians. CPP Investments is rated ‘AAA’ by S&P and Moody’s.
Industry
Insurance
Company size
501-1,000 employees
Headquarters
Bermuda
Type
Privately Held
Specialties
Reinsurance, Property, Marine Hull & Liability, Cargo, Terrorism & Political Risk, Energy, Specie & Fine Art, Casualty, Personal Accident, Renewable Energy, and Healthcare
Locations
Employees at Ascot Group
Updates
- Ascot is pleased to announce the appointment of Steven P. as Class Underwriter, Joule, Power Generation Consortium. Steven will be instrumental in launching Joule, aiming to assist our clients through the Energy Transition to cleaner forms of power generation writing Property Damage and Business Interruption cover for a broad range of technology through the spectrum of Conventional to Renewables. Please join us in welcoming Steven to Ascot!
- Ascot announced the appointment of two key leadership appointments to support the group’s U.S. Marine business. Jon Mosby has been appointed Deputy Chief Underwriting Officer, U.S. Marine and Property, reporting to Jesse Paulson, U.S. Chief Underwriting Officer. With Jon’s appointment, Dustin Jones has been named Head of Inland Marine, Ascot U.S., reporting to L. Pat Stoik, Head of U.S. Marine. In this role, Dustin will assume responsibility for the Inland Marine team and continue to advance the market strategy for this critical business. Please join us in congratulating Jon and Dustin! Read more here: https://lnkd.in/e7EmChAZ
- Ascot’s John Wanjuki, VP Property & Inland Claims Manager and Zoe Mortlock Dip CII, Property Claims Adjuster, will be in Fort Lauderdale, Florida 22nd - 24th January for the Loss Executives Association (LEA) 2025 Annual Meeting & Educational Conference. This conference provides a forum for discussion, relationship building and consideration for common loss adjustment techniques.
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Ascot announced today the appointment of Eric Herman to Group Head of Underwriting Performance Management. Eric will report to Elizabeth Johnson, Group Chief Operating Officer, and Mark Pepper, Group Chief Underwriting Officer. “Eric is a strategic thinker with decades of portfolio management, analytics and risk assessment experience,” said Elizabeth Johnson. “He has a proven track record of leading high-performing teams and facilitating cross-functional collaboration that will drive underwriting performance and optimize our opportunities across the global Ascot ecosystem.” “Our talented underwriting and leadership teams across the globe will benefit greatly from Eric’s extensive industry background and acute ability to distill complex issues and large data sets into strategic guidance to improve our business outcomes,” said Mark Pepper. “I look forward to working closely with Eric as we continue to find ways to diversify and optimize our specialty portfolio to best serve the needs of our unique clients. Please join in welcoming Eric to Ascot! For the full press release click here: https://lnkd.in/gA4VJY8G - Ascot is proud to announce our new rating from Fitch! The ratings agency has assigned Ascot’s core insurance subsidiaries an Insurer Financial Strength rating of ‘A+’ (Strong) with a stable rating outlook. Fitch Ratings has also assigned Ascot Group Limited an Issuer Default Rating of ‘A-’ and a senior debt rating of ‘BBB+’. These new ratings, in addition to our strong existing ratings from AM Best and S&P, support our mission to be a perfect partner for a less-than-perfect world. Read more here: https://lnkd.in/g6msKYBf
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Congratulations to Ascot’s Michael Sevi, Group General Counsel, for being named to the 2025 Class of David Rockefeller Fellows. The class of thirty senior executives was announced today by the Partnership for New York City. It is an immersive one-year program designed to familiarize business executives with the unique issues shaping New York City and to help them identify how they can contribute to the city in the years ahead. You can read more about the full announcement here: https://lnkd.in/e4HnVCpBPlease join us in congratulating Michael on this well-deserved recognition! - Ascot is thrilled to welcome Charles Litwin, Connor Lyons, Gia Gervase, Kelly Li, and Griffin Hayden, MBA to our U.S. Management Liability team! Their expertise and experience will be instrumental in driving our continued growth and supporting our expansion into Texas, alongside our established presence in New York, New Jersey, Chicago, and Atlanta. With these talented professionals on board, we are well-positioned to deliver innovative solutions, meet evolving client needs, and strengthen our leadership in the Management Liability market. Learn more about Ascot’s Management Liability products and solutions here: https://lnkd.in/eyVDe66g
- Ascot congratulates Joshua Alvera, CPA, Lexi Wood, and Alexander Wright on being named to the American Property Casualty Insurance Association (APCIA)’s 2025 Class of Emerging Leaders! This remarkable trio, each representing one of Ascot’s global platforms, will join a cohort of the industry’s best and brightest at the 2025 Emerging Leaders Conference in Tampa, Florida next month. Co-hosted by APCIA, the Insurance Careers Movement (ICM), and AM Best, the event offers an invaluable opportunity for networking and learning. At Ascot, our mission is to be a perfect partner for a less-than-perfect world, and we are proud to see Joshua, Alexander, and Lexi exemplify this commitment by shaping the future of our industry. Please join us in celebrating this well-deserved recognition!
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Ascot announced today the appointment of Bruce Sikorski to Group Head of Corporate Services. With 25 years of experience, Bruce will be responsible for overseeing the day-to-day operations of Ascot’s global facilities, ensuring optimal functionality, safety, sustainability and consistency across sites. Bruce will report to William E. Thygeson, Jr., Group Chief Human Resources Officer, who stated, “As we continue to add talent and expand our presence across the “golden triangle” of global specialty insurance – the U.S., U.K. and Bermuda – Bruce’s proven experience managing large, complex facilities and leading global teams will be invaluable to our continued operational success.” Please join us in welcoming Bruce to Ascot! Read the press release here: https://lnkd.in/eqc5M3Mu - Ascot U.S. warmly welcomes Vahan Paretchan as Senior Vice President, Partnership Engagement – Southeast. Vahan will be working closely with Ascot’s U.S. colleagues to provide our clients with customized, specialty insurance solutions to meet today’s risk challenges. Please join us in welcoming Vahan to Ascot!