Ascot Group has launched its US enterprise counterpart, and has additionally named a frontrunner for the area.
The insurance coverage firm has appointed Greg Wolyniec to function the president and CEO of the newly established Ascot Insurance coverage US. He can be primarily based in New York Metropolis and can report back to Ascot government chairman of US enterprise Jerry Tegan.
Wolyniec joined Ascot in 2017 as group head of technique. Previous to this, he held plenty of senior management roles at AIG. He was later appointed as CEO of a know-how start-up growing wearables-based danger administration options for the insurance coverage trade.
“A lot of our purchasers and brokers within the US have needed a number of paper choices for accessing the underwriting experience of Ascot. This new a part of the group permits us to be nearer to our finish purchasers and can assist the broader group with entry to admitted merchandise,” mentioned Ascot Group CEO Andrew Brooks.
“Greg has been closely concerned in our US technique since becoming a member of Ascot and can be instrumental in serving to us develop our presence within the US market.”
Ascot’s opening of its US model follows the closure of its acquisition of Greyhawk Insurance coverage Firm in Colorado. As a part of the deal, which was first introduced in Could, Ascot may also take over Greyhawk’s wholly owned subsidiary, Greyhawk Specialty Insurance coverage Firm. Each corporations can be renamed as a part of the brand new Ascot Insurance coverage US model.
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Supply hyperlink – https://www.insurancebusinessmag.com/us/information/breaking-news/ascot-opens-in-america-as-ascot-insurance-us-113555.aspx