Ascot Expands Specialty Marine Offering with the Launch of New U.S. Yacht Product

New York, NY – October 27, 2025 – Ascot announced today the launch of Ascot Admiralty Reserve^TM, a yacht product built to offer comprehensive, bespoke coverage for fully captained and crewed vessels valued at or over $5 million.

Commenting on the launch, Ascot’s Yacht Product Leader Christina Mayor said, “Our new product has been designed with yacht owners in mind. It was developed by underwriters with specialized yacht insurance expertise so that every voyage on a vessel covered by an Ascot Admiralty Reserve^TM policy is safeguarded against the unique risks facing the mega yacht community today.”

Lou Gehrig, SVP, U.S. Ocean Marine, Head of Hull & Liabilities, at Ascot, added, “From Hull, to Cargo, to P&I coverage, Ascot’s robust marine capabilities have long been a cornerstone of our global specialty insurance offerings. We are glad to introduce a new yacht solution to meet a critical need for clients in the space, where, due in part to increasing extreme weather events, the market has been challenged in recent years.”

Pat Stoik, Head of U.S. Marine commented: “We greatly value our Ocean Marine clients, and we are committed to the continued development of products to meet their evolving needs as we work to be a more perfect partner for a less-than-perfect world.”

To learn more about Ascot Admiralty Reserve^TM and the company’s full suite of Ocean Marine capabilities, visit the website here.

—

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.