Ascot Expands with New Leadership in U.S. Middle Market Loss Sensitive Casualty
Ascot, a Bermuda-based global specialty insurer, has officially welcomed Christopher McKeon as the head of its newly established U.S. Middle Market Loss Sensitive Casualty division. McKeon, who will report directly to David Zimmerman, Executive Vice President of Primary Casualty, is tasked with spearheading strategic and tactical initiatives aimed at fostering a profitable loss sensitive Middle Market Primary Casualty strategy.
His role will encompass the supervision of product innovation, distribution management, and optimizing operational efficiency. Ascot’s U.S. expansion strategy within its Primary Casualty offerings is focused on the Middle Market sector, aiming to better cater to the demands of medium-sized commercial clients. This ambitious plan is under Zimmerman’s oversight and seeks to leverage Ascot’s existing product strengths along with McKeon’s expertise to deliver loss sensitive solutions to a burgeoning segment of U.S. businesses.
Before joining Ascot, McKeon held a prominent position at Everest, serving as Senior Vice President of Commercial Casualty & Risk Management. In this role, he led the primary casualty underwriting operations, concentrating on middle market and expansive multinational clientele.
Commenting on McKeon’s appointment, Matt Kramer, CEO of Ascot U.S., stated, “At Ascot, we strive to be the ideal partner for our clients, including those in the loss sensitive domain, where businesses face evolving risks as they grow. Chris’ extensive experience and understanding of the segment will ensure Ascot provides our Casualty clients with a dedicated suite of products, expert knowledge, agility, and superior service tailored to their specific needs.”
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