Ascot names Marsh Re executive Neil Mayer to lead high net worth business
Ascot Group has appointed Neil Mayer as chief executive officer of high net worth personal lines, tasking the former Marsh Re executive with building and leading its new affluent and ultra-affluent consumer insurance business.
Mayer will join Ascot in January 2027 from Marsh Re, where he most recently served as global chief operating officer. He will take on the role of chief executive officer, high net worth personal lines, and join Ascot’s group executive committee.
In the newly created position, Mayer will oversee the formation, launch and growth of the business, with responsibility for strategy, underwriting performance, operations and distribution. He will report to Christopher Flatt, president of consumer solutions.
Before his most recent role, Mayer served as chief operating officer for North America, overseeing operations, strategy and broker support across the US and Canada. He also held the position of global head of strategy and transformation, working with the executive committee on the firm’s strategic direction.
Earlier in his career, he was a senior member of Marsh’s M&A and corporate development team. He joined Marsh in 2010 after working at PwC.
Flat said: “As we build the broader Ascot Consumer Solutions franchise, our initial focus on the High Net Worth Personal Lines segment presents a significant opportunity to extend our underwriting and specialty risk expertise to a new group of clients and enter the market with a clear strategy and a state-of-the-art underwriting platform.
“I have known Neil for nearly twenty years. He brings deep operational and strategic leadership and a track record of building and scaling businesses. Working closely together, we will create thoughtful, tailored solutions for affluent households and a best-in-class, high-touch experience for clients and distribution partners. This is a critical early step toward realising our long-term vision for our consumer business and furthers our mission to be a perfect partner for a less-than-perfect world.”
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