December 28, 2014 2:13 PM ET

Insurance

Company Overview of Ascot Underwriting Ltd.

Company Overview

Ascot Underwriting Ltd. provides insurance underwriting services worldwide. It designs and offers practical risk solutions, including physical damages, business interruptions, third party liabilities, and control of well for the energy industry. The company also provides insurance solutions for various property classes, such as real estate, manufacturing and processing, steel, and semi-conductors sectors. In addition, it offers insurance solutions for physical loss or damage areas, including terrorism, event cancellations, strikes, riots, civil commotions, and war on land; and political perils, such as confiscation and contract frustrations. Further, the company provides insurance solutions ...

Plantation Place

30 Fenchurch Street

London,  EC3M 3BD

United Kingdom

Founded in 2000

Phone:

44 20 7743 9600

Fax:

44 20 7743 9601

Key Executives for Ascot Underwriting Ltd.

Chief Operating Officer
President of Ascot Underwriting Inc and Chief Underwriting Officer of Ascot Underwriting Inc
Chief Underwriter and Principal Officer of Ascot Asia
Head of Claims and Director of International Offices
Compensation as of Fiscal Year 2014.

Ascot Underwriting Ltd. Key Developments

Xuber Signs Contract with Ascot Underwriting Ltd. to Provide Claims Management Solution

Xuber signed a contract with Ascot Underwriting Ltd. for the provision of Xuber Claims, a claims management solution. Under the five-year contract, Xuber will deliver a comprehensive claims management solution with embedded workflow to optimise, automate and measure each stage of the claims life-cycle. It has been specifically designed to meet the needs of clients across all major business lines, through its level of configurability, flexibility and the openness of its offering. Xuber Claims also holds the unique advantage of being part of the only single platform solution with global capability on the market. Xuber components are able to operate across multiple currencies and regions.

Ascot Underwriting Reports Earnings Results for the Year 2013

Ascot Underwriting reported earnings results for the year 2013. For the period, the company reported profits down 14%. The Lloyd's syndicate, for AIG provides the underwriting capital, saw profits drop from £93.3 million to £79.9 million.

Ascot Underwriting Appoints Taylor as Chairman for Risk Committee

Ascot Underwriting appoints new chairman for risk committee. The company said that Taylor is owner and managing director of Risk Management Options Ltd. Prior to starting Risk Management Options, Taylor spent more than 20 years in risk management roles in large international companies, including head of risk management and insurance at Tetra Laval Group and director of risk assurance at Morgan Crucible plc.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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