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5 April 2022Insurance

Ascot reveals new CUO casualty/specialty in Bermuda

Specialty re/insurer  Ascot Group has appointed a new chief underwriting officer (CUO) of casualty and specialty in Bermuda.

In his new role, Justin Keith (pictured) will oversee Ascot’s management liability and healthcare insurance portfolios, along with Ascot Bermuda’s expansive casualty/specialty reinsurance operation.

Keith joined the company in 2017 and most recently served as its head of casualty and specialty, where he played a key role in developing Ascot’s underwriting capabilities and offerings.

Prior to Ascot, Keith was with Hiscox Re where he had spent over six years underwriting a range of specialty insurances in the Bermudian market. Before that he was an underwriter in the US market, working at Ironshore and CNA.

Ian Thompson, president & CEO Ascot Bermuda said: “Justin has been instrumental in broadening our casualty solutions so Ascot is now active in most major classes of business in Bermuda. In this new role, I know Justin will continue to help provide underwriting oversight and product development as we expand our presence in the local market and provide additional solutions to brokers and clients.”

Keith commented: “Since joining Ascot in 2017, we’ve grown the business to be a diverse platform in the Bermudian market which can offer a range of (re)insurance products. We’ll continue to enhance our capabilities and ensure we’re a vibrant and diverse platform which combines excellent underwriting talent with market-leading claims and service – consistent with the Ascot way.”

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