Ascot Group is a global specialty reinsurer known for its strong reinsurance capabilities. Its dedicated platform, Ascot Re, offers treaty and facultative reinsurance solutions worldwide.
The firm was founded in 2001 as Ascot Underwriting Limited at Lloyd’s of London. It started with a focus on specialty insurance and reinsurance. Other milestones in its timeline include:
In recent years, Ascot has focused on building a strong reinsurance platform. It created Ascot Re to bring all global reinsurance products under one umbrella.
Ascot Group, through its reinsurance arm Ascot Re, delivers reinsurance solutions that help manage complex risks:
It supports its facultative and London market deals with the strength of Lloyd’s syndicate. Bermuda reinsurance offerings are written on “A” rated paper for strong, reliable backing.
Ascot Group fosters a world-class culture built on growth, inclusion, and career-long support. It offers a dynamic space where ideas flourish and personal development is a shared priority.
Its values are shaped by a mindset that thrives in unpredictable, complex, and often uncomfortable environments:
Ascot Group’s leaders bring deep industry knowledge and see change as a way to improve and evolve.
The firm builds a workplace where collaboration, integrity, and innovation shape everyday work. It supports well-being through strong benefits and a culture that finds better ways to grow:
The company grows through the skills and drive of its people, who help shape its future.
Ascot Group believes in giving people the tools to protect and support others with confidence. It hosts team events that build trust, pride, and purpose in a less-than-perfect world:
These activities reflect Ascot’s culture of inclusion, celebration, and real support for its people.
Ascot Group takes a firm stance against all forms of slavery or forced labor. It offers fair pay and encourages staff to report unethical or illegal actions. All staff complete yearly training to spot and act on signs of modern slavery.
To grow its capital strength and global reach, Ascot Group has recently built a new platform. And its Bermuda platform supports collateralized reinsurance and delivers flexible capacity across global property risks. A growing focus on technology aims to boost future innovation.
It also recently announced new roles aimed at enhancing its underwriting and specialty operations. These appointments reflect its goal to refine strategy, manage risk, and grow market share. With focus on analytics and marine, Ascot continues strengthening its reinsurance leadership across global platforms.
Restructure follows recent leadership additions and increased shareholder investment
He brings a 25-year track record in financial lines and retail strategy
New appointees bring decades of experience across different segments
He will also bolster the executive committee
His credentials include 21 years at Warburg Pincus