Ascot Strengthens Construction Expertise with New U.S. Contractors Professional and Environmental Liability Offering

New York, NY – August 12, 2025 – Ascot Group Limited (“Ascot”), a global specialty (re)insurance company, today announced the launch of Prime Propel, the latest addition to its U.S. Environmental insurance product portfolio. Prime Propel is a new, combined Contractors Professional and Environmental Liability risk transfer solution designed to meet the evolving needs of the construction industry.

This new product is tailored to address the unique Environmental and Professional Liability risk exposures encountered by general, trade, specialty, and artisan contractors. It offers coverage for environmental liabilities and professional liabilities for acts, errors, or omissions.

“Prime Propel is thoughtfully designed to help contractors effectively manage the complicated and potentially costly risks associated with professional and environmental exposures at building sites,” said Tyler Patrizio, Ascot Vice President and Head of Environmental Construction.

Ted Mavraganis, SVP, Head of Ascot U.S. Environmental, added, “The product positions us to lean into the environmental construction market with innovative tools that enable us to deliver on our core mission to be a perfect partner for a less-than-perfect world.”

The launch of Prime Propel supports both Ascot’s Environmental growth strategy and its broader commitment to the construction industry. The company is focused on providing a full ecosystem of specialty solutions that support contractors and project owners holistically through a variety of business lines and products, including Environmental and Professional Liability, Excess Casualty, Monoline Workers’ Compensation, Builders’ Risk, Surety and more.

Prime Propel is a strategic expansion of Ascot Environmental’s existing suite of products. To learn more about Ascot’s Environmental offerings, visit the webpage here. To learn more about the company’s robust construction capabilities, visit this webpage.

The information contained herein is intended for informational purposes only. Statements of coverage availability and scope are general in nature, subject to change and underwriting of any individual risk, and provide no guaranty or warranty of coverage, express or implied. Products and services are offered through insurance company affiliates within the Ascot Group. Not all products and services are available in every jurisdiction, and some may be available in the United States only on a surplus line basis through licensed surplus line brokers. The precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk.

California Surplus Lines License: Ascot General Insurance Agency, Inc. License #: 0K61371