Ascot taps Argo for new head of surety


Ascot taps Argo for new head of surety

Tara Quigley, executive vice president, head of surety, Ascot

Ascot has appointed Tara Quigley as executive vice president, head of surety. Quigley, who helped launched Argo’s surety practice, will be responsible for developing and managing Ascot’s surety portfolio across the US.

Ascot said Quigley’s appointment marks the final stage of its entry into the US surety market where she’ll act as the product lead, writing on behalf of Ascot’s treasury listed carrier, Ascot Surety & Casualty Company. Based in New Jersey, she’ll report to Matt Kramer, Ascot’s CEO of US insurance.

Kramer said: “Our acquisition of a treasury listed carrier in 2021 allowed us to make a strategic entry into a highly specialised field that fits perfectly with our underwriting principles and deepens our product portfolio. Tara’s experience, expertise, broker relationships and proven leadership skills make her the ideal choice to ensure success for Ascot surety.

Quigley added: “Based on my prior experience building a surety practice, I know the challenges and opportunities that are ahead within this niche marketplace. Ascot’s entrepreneurial spirit and technology focus makes it an excellent proposition for offering the surety market new solutions to help clients and insureds.”

During her tenure at Argo, Quigley held a number of senior underwriting and management positions across surety and professional liability product lines. She started her career in the surety broker market, before spending nine years at Travelers, rising to become managing director and head of surety for the NYC Metro region.

Ascot Surety & Casualty company is a US treasury listed insurance carrier domiciled in Colorado and licensed in 47 states and the District of Columbia, with expansion applications for the remaining three states in progress. 

Ascot, Argo, surety

Bermuda Re