Ascot is a specialist in Political Perils and has one of the most respected teams in the Lloyd’s market. With a wealth of experience and expertise we have built an account that is considered pre-eminent.
Since we began in November 2001 we have led the market with solution-driven underwriting, winning a reputation for service and reliability. Our flexibility of approach and experience of emerging markets and broader Political Risk perils are crucial in delivering effective underwriting, with our focus on political violence and terrorism. We pride ourselves on swift resolution of claims and in being able to react quickly to difficult post loss environments alongside our clients.
In the developed world the standalone market for terrorism has come a long way. During a period of rapid evolution Ascot has remained at the fore. Our in-house aggregation systems and client-focused solution-driven underwriting have made us a true market leader.
Our specialist product lines include:
Terrorism – We offer insurance solutions for the full range of Physical Loss or damage wordings. Our team is also experienced in drafting bespoke forms for every type of risk from buildings to event cancellation. We have covered everything from an international footballer to an iconic building in Central Manhattan.
Strikes, Riot, Civil Commotion – We are able to look at the full range of “social” perils that could impact a client’s assets. Our legal and technical knowledge gives us the ability to tailor coverage to the individual client’s needs.
War on Land – Our global reach has been essential in meeting the changing needs of clients, particularly in the extractive resources sector and across emerging markets.
Political Risk – With over 30 years accumulative experience amongst our underwriting team, we are able to provide tailored solutions to clients needs, covering the full range of Political Perils including Confiscation and Contract Frustration.