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Bermuda-Based Ascot Group Welcomes New Leadership
Global specialty re/insurer Ascot Group, headquartered in Bermuda, has announced the appointment of Marc Amen as its new Chief Executive Officer for North America. This pivotal role will see Amen taking charge later this year, following the completion of his existing commitments.
In his new capacity, Amen will oversee all operational elements of Ascot U.S. and Ascot Bermuda’s insurance and reinsurance divisions. Additionally, he will become a member of the Ascot Group Executive Committee, reporting directly to Group CEO and President Jonathan Zaffino.
Amen brings with him an impressive 24-year track record in underwriting and leadership. Prior to joining Ascot, he held a significant role at RenaissanceRe, where he managed underwriting and key operational aspects of the company’s U.S. platform. His career also spans various positions at Alterra Re, Harbor Point Re, and Chubb Re.
Expressing his enthusiasm about the new appointment, Zaffino remarked, “There is a tremendous opportunity for continued profitable growth and expansion for Ascot across the U.S. and Bermuda re/insurance markets. Marc brings to us a proven track record of success, leadership, and technical execution skills. In partnership with Matt Kramer and Justin Keith, I have every confidence we will accelerate our ability to capitalize on the opportunities in front of us across our North America businesses. I have known Marc for many years, and I am excited to welcome him to Ascot Group and to the Executive Leadership team.”
Amen shared his enthusiasm, stating, “I am thrilled by the opportunity to lead Ascot’s dynamic and growing businesses in North America. The company is equipped with world-class capabilities and exceptional talent to achieve our strategic objectives. I look forward to collaborating closely with Jon, our platform CEOs, and our teams across the U.S. and Bermuda to fulfill our mission of being a perfect partner for a less-than-perfect world.”