Ascot announced a series of changes to its U.S. operating and distribution model, including a new U.S. regional executive leadership team, an expanded North America distribution role and the consolidation of seven U.S. business segments into five product verticals. These updates will align underwriting expertise and regional leadership more closely around the exposures, geographies and client segments Ascot serves.The appointments and new operating structure will take effect October 1.
Ascot’s new U.S. Regional Executive Leadership team will coordinate local market execution and key insured relationships across the Northeast, Southeast, Central and West. The model will support Ascot’s continued growth by connecting brokers with the company’s capabilities across product teams and regional markets.
Brian Chiolan, currently executive vice president, head of management and professional liability at Ascot, has been appointed U.S. regional executive officer. Reporting to Matt Kramer, CEO of Ascot U.S., Chiolan will align regional distribution priorities with underwriting strategy across the company’s U.S. business.
Oliver Ade, currently Ascot’s senior vice president, central region partn...