ascot inland marine - home - ascot groupgroup group ascot inland marine ascot offers a wide range of...

2
Ascot Inland Marine Ascot offers a wide range of solutions for inland marine. We are mainly a 100% risk player in the primary admitted market however we also have access to non-admitted paper and can offer excess and quota-share positions as well. All risks are written on A rated XIV (A.M. Best) paper. Key differences: - We can write CAT exposed risks as part of our all-risk portfolio - Ascot U.S. has a market leading Ocean Marine team which we can partner with on risks - We subscribe to the AAIS suite of products for both Inland Marine and Property Core Inland Marine classes: Bailee’s Customers Bridges & Tunnels Builders Risk Camera Equipment Contractors Equipment Courier Crane Operations EDP/Electronic/Computer Equipment Equipment Dealers Fine Arts Dealers and Commercial Installation Floaters Jeweller’s Block Leased Property Medical/Imaging Equipment Mining Equipment Surface Mobile Agricultural Machinery Motor Truck Cargo Musical Instruments Oil & Gas Equipment on-shore Related property out of appetite: Foreclosed Property Habitational/Residential Heavy Cat Exposures Lessors Risk Mortgage Impairment Medium to High Fire Exposures Petrochemical Plants Restaurants Retail Oil Lease Property Radio & TV Tower & Equipment Riggers Liability Rolling Stock non-class 1 Scheduled Property Floater Tanks and Tank Contents Transportation Warehouse Legal Liability Related property in appetite: Assemblers Broadcasters Contractors Dealers Distributors Light Manufacturing Processors Transportation Warehousing Wholesalers Other Miscellaneous

Upload: others

Post on 13-Jun-2020

4 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Ascot Inland Marine - Home - Ascot GroupGROUP GROUP Ascot Inland Marine Ascot offers a wide range of solutions for inland marine. We are mainly a 100% risk player in the primary admitted

GROUP

GROUP

Ascot Inland Marine

Ascot offers a wide range of solutions for inland marine. We are mainly a 100% risk player in the primary admitted market however we also have access to non-admitted paper and can offer excess and quota-share positions as well. All risks are written on A rated XIV (A.M. Best) paper.

Key differences:

- We can write CAT exposed risks as part of our all-risk portfolio- Ascot U.S. has a market leading Ocean Marine team which we can partner with on risks- We subscribe to the AAIS suite of products for both Inland Marine and Property

Core Inland Marine classes:

Bailee’s CustomersBridges & TunnelsBuilders RiskCamera EquipmentContractors EquipmentCourierCrane OperationsEDP/Electronic/Computer EquipmentEquipment DealersFine Arts Dealers and CommercialInstallation FloatersJeweller’s BlockLeased PropertyMedical/Imaging Equipment Mining Equipment SurfaceMobile Agricultural MachineryMotor Truck CargoMusical InstrumentsOil & Gas Equipment on-shore

Related property out of appetite:

Foreclosed PropertyHabitational/ResidentialHeavy Cat ExposuresLessors RiskMortgage ImpairmentMedium to High Fire ExposuresPetrochemical PlantsRestaurantsRetail

Oil Lease PropertyRadio & TV Tower & EquipmentRiggers LiabilityRolling Stock non-class 1Scheduled Property FloaterTanks and Tank ContentsTransportationWarehouse Legal Liability

Related property in appetite:

AssemblersBroadcastersContractorsDealersDistributorsLight ManufacturingProcessorsTransportationWarehousingWholesalersOther Miscellaneous

Page 2: Ascot Inland Marine - Home - Ascot GroupGROUP GROUP Ascot Inland Marine Ascot offers a wide range of solutions for inland marine. We are mainly a 100% risk player in the primary admitted

GROUP

GROUP

Transportation 12%:

• Transportation • Motor Truck Cargo • Warehouse Legal Liability • Railroad Rolling Stock • Miscellaneous Other

All Other 18%:

• Bailees Customers • Camera/Musical Instruments Floater • Leased Property Floater • Tanks and Tank Contents • Miscellaneous Other

Jeff VetterExecutive Vice President, Head of Inland Marine E: [email protected]: 470-552-4146C: 404-291-4789

Ascot Insurance U.S. comprises of Ascot Insurance Company, an admitted U.S. business, and Ascot Specialty Insurance Company, an E&S platform. A.M. Best have assigned both of these companies a Financial Strength Rating of A (Excellent) and a Long-Term issuer Credit Rating of ‘A’ with a Financial Size Category of Class XIV ($1.5 Billion to $2 Billion). The outlook of these Credit Ratings is stable.

Ascot Group is owned by Canada Pension Plan Investment Board (CPPIB), the largest pension plan in Canada with over C$300 billion in invested assets and is ‘AAA’ rated by S&P and Moody’s.

GROUP

GROUP

UNDERWRITING

UNDERWRITINGRE

REAN ASCOT GROUP COMPANY RE

REINSURANCE U.S.

ascotgroup.com

Target book mix:

Construction 50%:

• Contractors Equipment • Builders Risk • Equipment Dealer • Installation • Oil & Gas • Rigging • Miscellaneous Other

Technology 20%:

• Computer Property/EDP • Radio & TV Tower & Equipment • Mobile Medical/Medical • Miscellaneous Other