Ascot Group welcomes new executives

World specialty insurance coverage agency Ascot Group Restricted has introduced the appointments of Ian Thompson and Justin Keith as new executives. Thompson is now the chief government officer and director of Ascot Underwriting Restricted whereas Keith would be the president and chief government officer of Ascot Bermuda Restricted.

“All through Ascot’s historical past, Ascot Underwriting Restricted (AUL) has earned a repute for underwriting excellence and market management. Our imaginative and prescient for the Ascot Group’s future, together with our multi-year strategic plans, would require elevated funding in and continued worthwhile development from our main and flagship syndicate,” mentioned group chief government officer and president Jonathan Zaffino.

“I’m past assured that Ian and Justin are the leaders to assist lead Ascot by the following part of our group’s journey,” he added.

Who’s Ian Thompson?

Thompson first joined Ascot Bermuda as chief underwriting officer of casualty and specialty in 2017 earlier than later changing into its president and CEO in December 2020. In that function, he monitored all the agency’s enterprise on the island, which included specialty insurance coverage, reinsurance, and various capital.

Together with his appointment, Thompson will likely be changing Zaffino and will likely be relocating to London from Bermuda. He can even proceed to report back to Zaffino and can proceed to be a member of the worldwide government committee.

Who’s Justin Keith?

First becoming a member of in 2017 as nicely, Keith slowly climbed the company ladder earlier than ultimately changing into the chief underwriting officer for casualty & specialty. Previous to this, Keith started his profession in CNA Insurance coverage as a senior underwriter. He then grew to become the vp of Ironshore Insurance coverage earlier than later being Hiscox’s vp of specialty treaty and healthcare. 

Whereas his appointment remains to be topic to the board and immigration approval, Keith will likely be reporting to Zaffino and will likely be overseeing all the facets of the agency’s operations in Bermuda.

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