“When Nick Kidd invited me to contribute to APRIL Canada’s newsletter, I was delighted to have the chance to introduce Ascot Underwriting Ltd. to APRIL’s broker network. I have the highest respect for the team at APRIL and together we are building a strong book of business focused on delivering the best results for clients.
Operating within the Lloyd’s market (Syndicate 1414), Ascot enjoys the credit ratings assigned to Lloyd’s: A+ (Strong) from S&P, AA- (Very Strong) from Fitch, and A (Excellent) from A.M. Best. Based in London, Ascot also has offices in Houston, New York, Dallas, Chicago, Bermuda, and Singapore. In late 2016 Ascot was acquired by Canada Pension Plan Investment Board (CPPIB). ASCOT is a global specialty insurer writing insurance and reinsurance business in several classes including Casualty, Specie & Fine Art, Cargo, Terrorism & Political Risk, Marine Hull & Liabilities, Property, and Excess of Loss Reinsurance. We are very entrepreneurial in our approach and place a high value on customer service and building strong partner relationships.
I began my insurance career in 1990 in Lloyd’s and have been underwriting international liability ever since. I left QBE in 2014 to create a new liability portfolio for Ascot and build a team, which is now five-strong: Underwriters Ben Galloway and David Moss, Assistant Underwriter Nick Cook, Actuary Ingrid Flint, and our Claims Manager is Stuart Wright.
Ascot already had an established relationship with APRIL when I joined, and, as I had known some of APRIL’s key team members for several years, was delighted to have the opportunity to develop a liability book with the company. With a comprehensive understanding of this complex market and a commitment to adding value at every point, APRIL is an ideal partner for Ascot in Canada.
Over the past three years Ascot and APRIL have built a strong relationship through our shared emphasis on technical expertise and underwriting discipline. A good example of this is the very successful Products Liability portfolio we have developed with APRIL. As we continue to grow our book and explore opportunities together, I’m confident that our clients will benefit from our combined strength.”