Ascot Appoints Industry Veteran David Larson to Lead U.S. Loss Control & Risk Management
ISELIN, NEW JERSEY, December 12, 2023 – Ascot Group today announced the appointment of David Larson to U.S. Head of Loss Control & Risk Management services, effective December 12. David is based in the company’s Iselin, New Jersey office, reporting to Elizabeth Johnson, Chief Operating Officer, North America.
In this role, David will be responsible for developing and launching a modern-era loss control and risk management program at Ascot to support the company’s clients as they navigate a complex and changing risk landscape. The team will also drive internal enhancements and efficiencies by informing underwriting evaluations and risk selections across Ascot’s various underwriting units through loss trend data and analysis.
“We understand that providing our insureds with financial protection is just one part of a comprehensive, client-centric insurance program,” said Johnson. “A proactive and bespoke loss control plan is a highly valued differentiator that we can bring to our clients – particularly those in Ascot’s newly launched Captive Solutions business and our thriving Workers’ Compensation capabilities – to support both their risk management goals, and, critically, their employee safety initiatives.”
Jonathan Zaffino, Group CEO and President added, “As we continue to enhance our abilities to deliver sustained underwriting profitability, we are increasingly focused on risk mitigation strategies to support our clients across multiple industry sectors. In today’s complex and volatile risk environment, these solutions are critical to long term success. Investing in talent like David affords us the opportunity to help our clients build robust risk mitigation plans while harnessing loss trend data to better inform risk selection and support portfolio optimization. We believe this is integral to the future of smart underwriting.”
David brings deep subject matter expertise to Ascot with more than 30 years of dedicated loss control experience. Most recently, David served as Senior Vice President, National Director, Risk Services, at McGriff Insurance Services, overseeing the risk control, claims and data analytics teams. He has also worked in senior risk services and loss control roles at Lockton Companies and Wells Fargo.
This communication is intended for informational purposes only. Statements of coverage availability and scope are general in nature, subject to change and underwriting of any individual risk, and provide no guaranty or warranty of coverage, express or implied. Products and services are offered through insurance company affiliates within the Ascot Group. Not all products and services are available in every jurisdiction, and some may be available in the United States only on a surplus line basis through licensed surplus line brokers. The precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk. California Surplus Lines License: Ascot General Insurance Agency, Inc. License #: 0K61371.