NEW YORK, NY: 25 July 2018

Ascot today announces the launch of a new trade credit insurance division with the appointments of Doug Collins as Executive Vice President and Head of Trade Credit and Anthony Barrett as Senior Vice President of Trade Credit.

Doug, who will lead all aspects of Ascot’s U.S. trade credit business, has been in the industry for over twenty-three years having spent the last fourteen years with Atradius, most recently serving as Head of Risk Services for the Americas. Prior to that, Doug held senior trade credit roles at AIG in North America and Asia, and started his trade credit career with Trade Indemnity Canada.

Anthony is thirty-three year veteran of the trade credit insurance industry most recently spending four years as SVP-Head of Multi Buyer Trade Credit at Zurich North America and having previously spent ten years in senior roles at Atradius in North America.

“We are delighted to have Doug and Anthony join our team,” said Greg Wolyniec, Head of Group Strategy. “They bring decades of experience and client service to our business and will provide a market leading technology-enabled underwriting and servicing platform to our trade credit brokers and clients.”

“We are excited to join the Ascot team and launch our business as part of Ascot’s growing U.S. specialty commercial platform,” said Doug Collins. “Ascot is an ideal platform for our business providing capital strength of its admitted US paper, forward thinking operational efficiency, and a highly respected underwriting reputation,” added Anthony Barrett.

ENDS