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About Us

One Ascot

We’re a preeminent specialty risk-assumption organization. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

Our Fusion Model

Ascot’s unique, worldwide ecosystem allows us to source risk through multiple distribution channels, and assume risk through a diverse set of underwriting platforms: Lloyd’s, U.S., Bermuda, and Ethos Specialty (our owned affiliate).

One Ascot guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. Ascot Group collaboration is powered by technology — a core component of our Fusion Model.

Client Centric

A client value proposition focused on speed, channel management, and specialization.

Risk Centric

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Technology Centric

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Get in Touch

    Partner Name

    “This is an outstanding example of how insurtechs and insurers can partner to bring innovation to the cargo insurance market at a time when supply chain interruptions demand new thinking and new products from Lloyd’s,” said Andrew Brooks, CEO of Ascot Group. “The power of Parsyl’s data is what enables them to respond quickly to customer needs, eliminate or reduce adjustment costs, and drive down expense ratios – something that benefits clients and insurers alike. We’re thrilled to be backing this truly unique offering.”

    Parsyl is able to assess risk and process claims quickly by using its data to understand exactly what happened to goods at any point in the supply chain. The featured product within the suite, ColdCover Parametric, includes customizable quality triggers and payout levels. Parametric coverage is based on product-specific degradation algorithms, which help Parsyl to understand if, when and where products have experienced spoilage during shipment or storage. Parsyl automatically analyzes data and informs customers of temperature breaches. When issues occur, payment is made in 72 hours, giving shippers the cash they need to bounce back from a loss.

    This is an outstanding example of how insurtechs and insurers can partner to bring innovation to the cargo insurance market at a time when supply chain interruptions demand new thinking and new products from Lloyd’s”

    Andrew Brooks, CEO of Ascot Group

    “This is an outstanding example of how insurtechs and insurers can partner to bring innovation to the cargo insurance market at a time when supply chain interruptions demand new thinking and new products from Lloyd’s,” said Andrew Brooks, CEO of Ascot Group. “The power of Parsyl’s data is what enables them to respond quickly to customer needs, eliminate or reduce adjustment costs, and drive down expense ratios – something that benefits clients and insurers alike. We’re thrilled to be backing this truly unique offering.”

    Parsyl is able to assess risk and process claims quickly by using its data to understand exactly what happened to goods at any point in the supply chain. The featured product within the suite, ColdCover Parametric, includes customizable quality triggers and payout levels. Parametric coverage is based on product-specific degradation algorithms, which help Parsyl to understand if, when and where products have experienced spoilage during shipment or storage. Parsyl automatically analyzes data and informs customers of temperature breaches. When issues occur, payment is made in 72 hours, giving shippers the cash they need to bounce back from a loss.

    This is an outstanding example of how insurtechs and insurers can partner to bring innovation to the cargo insurance market at a time when supply chain interruptions demand new thinking and new products from Lloyd’s”

    Andrew Brooks, CEO of Ascot Group

    Global Platform

    Our global operating platform is a unified system, aligned around common underwriting, product, and distribution strategies. We call it A Single View of Risk. This differentiated organizational principle lets us originate specialty risks across the globe, responding with speed, capacity, and innovative product solutions, so you and your clients can realize your boldest dreams.

    Cutting-edge digital strategies power our knowledge sharing and operating efficiency, driving a differentiated client experience.

    Leading enterprise risk management supports our robust, diverse capital structure, designed to help solve your most pressing risk issues. This dynamic capital model lets us scale according to market opportunity. It optimizes risk-adjusted returns, delivering consistent outperformance. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre and post-claims.

    Reinsurance

    Our Team

    Ascot’s greatest strength is our engaged employees. Our talented team members flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way.

    News & Insights

    Ascot at Lloyd’s

    Ascot Underwriting is the managing agency for Syndicate 1414 at Lloyd’s. It continues to shine as one of the best-performing syndicates since the company’s formation in 2001. Offering a broad range of property and casualty products, it serves a wealth of sectors, industries, and leading multinational companies. The deep diversity of served client types attests to the unmatched quality of Ascot’s underwriting.

    Reinsurance

    Ascot U.S.

    In the United States, Ascot delivers specialty P&C and financial lines insurance products. Launched in 2019, the company works through local retail and wholesale brokers, with a focus on small to mid-sized commercial customers. Ascot U.S. underwrites on behalf of Ascot Insurance Company and Ascot Specialty Insurance Company, both rated A (Excellent) by A.M. Best.

    Contact

    Ascot Bermuda

    Launched in 2014, Ascot Bermuda offers property catastrophe, casualty, and specialty reinsurance products worldwide, delivering high-level excess and professional liability insurances across a wide range of industry classes. Ascot Bermuda custom-manages the group’s alternative capital vehicles and is rated A (Excellent) by A.M Best.

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    Ethos Specialty

    Ethos Specialty is a leading managing general underwriter (MGU) based in the United States. Developing industry-specific insurance programs, it provides specialized underwriting services on behalf of high-quality carrier and syndicate partners. Headquartered in New York City, Ethos was launched in 2017.

    $420.4B

    CPP Fund net assets

    $609B

    Projected CPP Fund assets by 2025

    $1,638B

    Projected CPP Fund assets by 2040

    10.4%

    10 year annualized rate of return (net nominal)