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Ascot Underwriting appoints new excess Casualty team

October 29, 2019

Bermuda based specialty (re)insurer, Ascot Group has announced the appointments of a new excess casualty team. Patrick Kenahan has been appointed as head of excess casualty in Bermuda, whilst Jason Pugi, Kimberly Pursell and Michael Watkins have joined as senior vice presidents.

The whole team has joined Ascot from Allied World and will be responsible for writing excess casualty insurance for large corporations across a broad range of industry classes.

Kenahan joins with over 25 years of insurance industry experience, 16 of which have been based in Bermuda. He most recently served as senior vice president and Bermuda branch manager at Allied World. Pugi, Pursell, and Watkins most recently served as vice presidents of General Casualty at Allied World.

Ian Thompson, head of casualty & specialty, Ascot Re said: “Pat and the team have a strong reputation in the market for their casualty insurance expertise. Their underwriting acumen is consistent with Ascot’s underwriting philosophy and the brand that we continue to build on the island. The addition of this team means Ascot is now in a position where we operate in almost all casualty and specialty classes of business in the Bermudian market.”