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Ascot Announces Leadership Transition and Expansion of Reinsurance Offerings

Hamilton, Bermuda – January 7, 2026 – Ascot announced today a leadership transition that underscores the company’s commitment to strategic expansion and innovation within its specialty reinsurance business. Justin Keith, who has served as CEO of Ascot Bermuda Limited, will relocate to the United States later this year to lead an expansion of Ascot’s treaty reinsurance offerings in the U.S. market.

This move marks Ascot’s intention to broaden its reinsurance offerings in the U.S. beyond its current leading facultative capabilities. Through the introduction of expanded treaty offerings within this vibrant market segment, the company anticipates long-term profitable growth and the opportunity to provide enhanced solutions to its growing roster of clients. Justin brings a wealth of expertise in developing and managing multidisciplinary treaty portfolios, making him exceptionally well equipped to drive this initiative and deliver greater value to Ascot stakeholders.

In light of Justin’s transition, Marc Amen, CEO of North America, will assume the responsibilities of interim CEO of Bermuda. The company is deeply grateful for Justin’s leadership in Bermuda and excited about the prospects ahead as he steps into his new role.

“We expect these updates to enable continued success and growth at Ascot,” said Marc Amen. “We also look forward to working more extensively with our reinsurance clients across North America and continuing to deliver the value they have come to expect from our organization.”

About Ascot Group

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. Affiliates within the Ascot Group are rated A (Excellent) by A.M. Best Company, A+ by Fitch Ratings Inc. and A by S&P Ratings.

 

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