Ascot Underwriting
Ascot Underwriting is a privately held insurance company founded in 2001, headquartered in London, GB. With a team of 44, it manages Syndicate 1414 at Lloyd's and provides a diverse range of property and casualty insurance products globally.
Company Overview
Ascot Underwriting is a privately held company founded in 2001, headquartered in London, GB. The company operates within the insurance industry and is classified as a small business with a team size of 44. Ascot Underwriting manages Syndicate 1414 at Lloyd’s, which is recognized for its strong performance. The company serves a diverse array of sectors and industries, including leading multinational companies.
Insurance Products
Ascot Underwriting offers a broad range of property and casualty products to customers worldwide. The company provides property catastrophe, casualty, and specialty reinsurance products globally. It specializes in customized standalone or blended policies, including Cyber, Technology Errors & Omissions (E&O), Media Liability, and Miscellaneous Professional Liability. Additionally, Ascot Underwriting provides inland marine and related property coverages to commercial clients in various industries throughout the U.S.
Cyber and Professional Liability Solutions
Ascot Underwriting has developed a suite of Cyber & Professional Liability solutions designed to protect against evolving cyber and business threats. The company offers innovative pre-breach tools and access to world-class breach response providers. Its Miscellaneous Professional Liability unit provides comprehensive coverage for a wide range of professional service industries, ensuring tailored protection for clients.
Market Presence and Platforms
Ascot Underwriting operates a unified global platform aligned around common underwriting, product, and distribution strategies. The company has a strong presence in the U.S. Marine market, offering solutions for Marine Contractors, Operators, and Wharfingers. It also provides specialty insurance and reinsurance solutions globally through its Lloyd’s and Bermuda platforms, as well as through Ascot U.S. and Ethos platforms.
Financial Strength and Support Services
Ascot Underwriting has received a Financial Strength Rating of 'A' (Excellent) and a Long-Term Issuer Credit Rating of 'a+' (Excellent) from AM Best. The company operates a dedicated legal and claims group to address complex surety circumstances with professional support. Additionally, it has a dedicated platform, Leadline Capital Partners™, to support third-party capital business and offers specialist delegated programs to high-quality risk partners.