Ascot appoints Professional Indemnity underwriters

LONDON 24 March 2020:

Ascot today announces the appointment of Antonio Bellanca, Matthew Watson, Manoj Sharma and Henry Hollingdale to write Professional Indemnity (PI).

Writing at Lloyd’s on behalf of Ascot Syndicate 1414, the team’s book will consist of a number of non-US international PI classes.

The team has significant experience in the market, led by Class Underwriter Antonio Bellanca who has held numerous underwriting roles throughout a 20 year career. Antonio will report to David Fitzpatrick, Executive Underwriter.

Commenting on the appointment, Andrew Brooks, Group Chief Executive Officer, said: “Under David Fitzpatrick’s leadership we have built an excellent International Casualty business. It was our long held ambition to add a complementary Professional Indemnity business to this portfolio and we could not have found a more highly regarded team than Antonio and his colleagues with their proven track record. I am delighted that they have agreed to join Ascot, reporting to David, in a move that will further enhance our client offering.”

Antonio added: “We are very excited to be joining Ascot. The strength and reputation of the company will allow us to maintain our strong leadership position and help us build out our product focused strategy, pursuing niche distribution worldwide. This is a very positive move for our clients, coverholders and brokers.”

The Underwriters join Ascot effective 1 April 2020.