Ascot Announces New Brand For Enhanced Management Liability Solutions

New York, NY– February 28, 2025 – Ascot announced today the introduction of AscotEXEC^TM, its new brand for the Company’s fast growing Management Liability business.

The brand launch underscores the Company’s focus on advancing its capabilities and services to provide comprehensive coverage for public, private, and not-for-profit companies in the commercial and financial institution space.

Commenting on the launch, Brian Chiolan, Head of Management and Professional Liability, Ascot U.S., stated, “As the brand signifies, we know that our Management Liability clients place trust in Ascot to protect their leadership and their corporation against a volatile landscape of business-related risks. Over the past year, we have responded to the evolving needs of these clients with new products and an expanded headcount – nearly doubling our underwriting and claims talent – as we ensure Ascot is built to be a one-stop shop experience for these clients. The launch of the AscotEXEC^TM brand reaffirms our commitment to the space.”

AscotEXEC^TM will be formally introduced to the market at the upcoming PLUS D&O Symposium next week, where segment leadership will be on site to showcase the group’s expansive products and speak to its recent enhancements. This includes their newly launched Primary Public Directors and Officers, Lead Side-A, Standalone Primary Employment Practices Liability and Standalone Primary Fiduciary Liability product offerings. They will also preview the soon-to-be-launched Private Company/ Non-Profit Primary Crime product, expected in mid-2025.

“Ascot has been a trusted provider of U.S. management liability solutions for our clients since 2020,” added Matt Kramer, Ascot U.S. CEO. “By formalizing our management liability brand under one cohesive name and unit, we can better align and clarify our appetite, leverage and streamline our services, and ultimately, be a quicker, more robust, more perfect partner for our clients in this sophisticated and highly litigated space.”

About Ascot

Ascot is a leading global insurance, reinsurance, and underwriting services group with over 20 years of consistency and stability, and a diverse insurance product portfolio. US insurance company affiliates within the Ascot Group are rated A (Excellent) by A.M. Best Company.