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 business as well as offering underwriting services to high-quality carrier and syndicate partners through its MGU, Ethos Specialty. 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.

Website
http://www.ascotgroup.com
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

  • We are delighted to announce that Mona Hedlund has joined the Ascot Workers’ Compensation team as Senior Vice President, Underwriting. Mona brings over 20 years of expertise in the casualty sector, with a particular focus on workers’ compensation. Mona will play a vital role in advancing the success of our organization and strengthening the exceptional capabilities of our Workers’ Compensation team. Please join us in welcoming Mona to Ascot!

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  • It’s the most wonderful time of the year to spread festive cheer! This year, Ascot Syndicate sponsored the Anthony Nolan Christmas Carol Concert, an opportunity to celebrate all the amazing work the charity does for others. For 50 years, Anthony Nolan has been working to improve and save the lives of people with blood cancer and blood disorders. To celebrate the organization and Christmas season, there were mince pies, carols, and readings by special guests. If you would like to learn more about the charity and the work they do, please visit their website here … https://lnkd.in/dCtYSqP7   Photo credit: Anna Butcher

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  • Our CEO Jonathan Zaffino recently sat down with Adam McNestrie at Insurance Insider to talk about what’s next for Ascot in 2025 on the heels of BellTower Partners’ investment of primary capital earlier this year. The article highlights our excitement to use this added capital to expand our resources and focus on delivering attractive, diversified returns for clients, employees, and investors. Amid continued market uncertainty, diversification is key to maintaining growth momentum – and Ascot has over 200 products to leverage. Read the full article here: https://lnkd.in/eA7DGVc8

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  • 🌟 Launch Your Career with Ascot's Summer Internship Program! 🌟 Are you a high-performing undergraduate or graduate student eager to explore the dynamic world of specialty Re/Insurance?   Our London Summer Internship Program offers high-performing students a unique opportunity to gain valuable insights and meaningful hands-on experience while developing professional and functional skills that will set you apart.   At Ascot, we’re passionate about empowering future leaders, this program is designed to ignite your potential and give you a deep understanding of our business. You’ll work alongside industry experts, tackle real-world challenges, and gain insights that will shape your career journey.   If you’re eligible to work in the UK, we’d love to hear from you! Send your CV to humanresources@ascotgroup.com and start your journey with us.   📅 Application Deadline: 31 January 2025

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  • It was great to see so many of our brokers and partners at our Ascot branded coffee cart outside Lloyd’s last week. It was a bit chilly, but it didn’t stop us from serving up hot drinks, tasty gingerbread men and plenty of festive cheer. Thanks for stopping by, we loved seeing you all! 

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  • View organization page for Ascot Group, graphic

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    Congratulations to the Ascot team on receiving the 2024 Innovation Award from Guidewire! This achievement highlights the power of leveraging technology to support our clients and reflects our commitment to being “a perfect partner for a less-than-perfect world™.”   Pictured L to R: Sri Sathyanarayanan, Jake Acosta, SCLA, Andrew MacDonald, Owen Williams, Christian Toft-Nielsen, Shashank Dikay, Marina S. Barg

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  • It was a pleasure to welcome our broking partners to the Ascot Syndicate’s broker event at the Four Seasons Hotel in the UN Ballroom. From the moment the event began, it was filled with engaging conversations and provided a wonderful opportunity to reflect on another successful year. Thank you to everyone who attended and for your continued support throughout 2024!

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  • Ascot is delighted to announce the appointment of Mark Benz as Executive Vice President, Head of Alternative Risk Solutions. With over two decades of industry expertise, Mark will lead the U.S. Alternative Risk Solutions group encompassing Ascot’s existing Captives and Trade Credit business units, alongside the development of new alternative risk capabilities.   Mark will report directly to Matthew Kramer, CEO of Ascot U.S., who stated: “Ascot is committed to investing in, and responding to, the needs of this dynamic market in support of our mission to be a perfect partner for a less-than-perfect world.”   Please join us in extending a warm welcome to Mark!   For more details, read the full release here: https://lnkd.in/e-r9Radp

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  • This Thanksgiving, we express our heartfelt gratitude to our valued clients for their trust and partnership and to our dedicated colleagues for their hard work and dedication. Guided by our mission to be a perfect partner for a less-than-perfect world, we remain steadfast in supporting our clients through every uncertainty.   The entire Ascot team extends warm wishes for a peaceful and Happy Thanksgiving to all our clients, partners, and colleagues.

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  • Antonio Bellanca MA Hons FCII, Class Underwriter and Ciara Rooney, Underwriter from our Professional Indemnity team attended an event at the British Embassy in Vienna for brokers and risk managers from Austria, Germany and Central Europe.   Representing Lloyd’s Insurance Company S.A., they had the pleasure of showcasing Ascot, sharing what we do, what we’re passionate about and how we approach the market—the "Ascot Way.“ Antonio and Ciara gave a speech focused on multi-combined product opportunities in Europe and promoting the driven strategy for identifying market niches and building solutions that meet the needs of target insureds. The response was overwhelmingly positive, with several new pipeline opportunities emerging in the Austrian and Czech markets.   We would like to extend our gratitude to Volker Eutebach, Regional Manager DACH & CEE, Mirko Domazet, Market Engagement Manager DACH & CEE and Mark Cooper, Chief Market Development Officer & Head of UK & European Branches from Lloyd’s for inviting us to speak.   Looking forward to continued growth and collaboration!

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Funding

Ascot Group 1 total round

Last Round

Private equity
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