Ascot expands U.S. FAC reinsurance team

Ascot today announces the expansion of its U.S. facultative reinsurance capabilities with the appointment of Anthony Kashuba, Executive Vice President, and Steve Robinson, Senior Vice President.

Anthony will help oversee Ascot’s overall North America Casualty FAC product suite and facilitate new and expanded solutions across the Casualty product spectrum.  Based in Ascot Group’s Stamford office, Anthony joins Ascot from Arch Reinsurance where he was Managing Director, responsible for their Casualty FAC operations in North America. Throughout a thirty-year career, Anthony’s held a number of senior underwriting and broking roles within the casualty sphere including stints at Allied World, Swiss Re and Willis Re.

Steve joins to initiate and increase Ascot’s presence in the professional lines segment of the FAC market. He joins from TransRe where he wrote a range of management and professional lines.  Prior to this, he was at Chubb, writing public company management liability.

Anthony and Steve will also assume responsibility for the Casualty FAC solutions currently provided out of Dallas, TX, by Scott Beall and Lex Smart, both of who will retire at the end of 2021. The enhanced Casualty FAC team will complement Ascot’s long-standing Property FAC capabilities that have been provided in the U.S. since 2009 and are led by Libby Ismail, Senior Vice President.

All will report in to Rory Cline, who in a new role, is promoted to President of Ascot’s U.S. reinsurance solutions, and in turn reports to Jonathan Zaffino, Group President.

Ascot’s North America FAC solutions are provided from Baltimore, Chicago, Dallas, New York and Stamford, utilizing the capacity of Ascot’s Syndicate 1414 at Lloyd’s.

Jonathan Zaffino commented:

“Ascot prides itself on customer centricity. In response to our clients’ needs, we continue to expand our product solutions and as importantly, the operational and service capabilities to support these.  Our expansion in the U.S. Facultative market, through Rory’s new leadership remit and the additions of Tony and Steve speak to this commitment. We warmly welcome Tony and Steve to the Ascot family – both are natural fits to the organization and under Rory’s leadership will continue to ensure clients experience the unique value proposition that is the Ascot Way.  We look forward to providing a fresh option to the reinsurance market in the same way we have done in the primary insurance field.”

Rory Cline commented:

“This new grouping of our FAC solutions will enable us to provide a broader range of products, better service, operational efficiencies and solution expansion. Anthony and Steve are talented underwriters, and their appointments give us the opportunity to expand in to new casualty FAC areas such as auto and professional lines. I’m excited about the journey ahead of us, working with Libby, Anthony and Steve to offer our clients and brokers an enriched FAC offering.”

Anthony Kashuba added:

“I’m delighted to join Ascot as the company increases its presence in the FAC market. I know Ascot is a leading reinsurance player in the Bermudian and London markets, and I’m excited by the opportunity to enhance our reinsurance solutions across the whole Ascot ecosystem by expanding our domestic U.S. capabilities.”