Ascot appoints CUO for casualty/specialty reinsurance

Ascot has announced the promotion of Justin Keith to chief underwriting officer (CUO), for its casualty/specialty reinsurance operation in Bermuda.

Keith will also oversee Ascot’s management liability and healthcare insurance portfolios.

Keith, who was most recently Ascot’s head of casualty/specialty, joined Ascot in 2017 from Hiscox Re, where he had spent over six years underwriting a range of specialty insurances in the Bermudian market. Prior to that he was an underwriter in the US market, working at Ironshore and CNA.

“Justin has been instrumental in broadening our casualty solutions so Ascot is now active in most major classes of business in Bermuda,” Ian Thompson, president & CEO of Ascot Bermuda, said. “In this new role, I know Justin will continue to help provide underwriting oversight and product development as we expand our presence in the local market and provide additional solutions to brokers and clients.”

Keith added: “Since joining Ascot in 2017, we’ve grown the business to be a diverse platform in the Bermudian market which can offer a range of re/insurance products. We’ll continue to enhance our capabilities and ensure we’re a vibrant and diverse platform which combines excellent underwriting talent with market-leading claims and service – consistent with the Ascot way.”

The promotion is subject to Bermuda immigration approval.