From our office in Houston, Ascot can offer direct access to Lloyd’s capacity through Ascot Underwriting Inc. (AUI), a coverholder owned 100% by Ascot Group.

Formed in 2001, Ascot is one of the best performing syndicates which is highly respected in the Lloyd’s market. Many of our underwriters are recognized as leaders within their class, demonstrated by the high proportion of business which we are a lead market for.

CoverageAscot offers excess coverage for third party liabilities associated with the offshore and onshore oil & gas industry in the U.S.

Range of clients:Our underwriting appetite includes a broad spectrum of onshore and offshore exploration and production companies. This includes small, independent operators and non-operators up to large, multi-national companies headquartered in the U.S. We also write oil and gas service contractors.

ENERGY LIABILITIES

STANDARD & POOR’S

Key areas of expertise: • Oil & Gas lease operators • Oil & Gas lease non-operators • Oil & Gas service contractors • Drilling and work-over contractors • Midstream operators (excluding downstream risks)

Types of coverage:100% coverage | quota-share | lead or follow lines depending on the individual risk.

• Where we place coverage 100% or act as a lead in a quota-share placement, we offer excess liability coverage based on a manuscript Umbrella form with the ability to tailor coverage to meet specific requirements of a client.

• We also have the ability provide Follow-Form excess liability coverage.

• Limits for both the Umbrella and the Follow Form placements can be provided on a ‘for Assured’s Interest’ basis. In regards to quota-share placements, we also have the ability to follow domestic admitted and non-admitted policy forms.

Line Size:Maximum capacity per occurrence of: $50mn. Security:All policies are written on behalf of Syndicate 1414 at Lloyd’s of London. Policies benefit from the credit ratings assigned to Lloyd’s which include:

Ascot also has admitted and domestic surplus lines capabilities with policies written by Ascot Insurance Company and Ascot Specialty Insurance Company respectively. A.M. Best has assigned each of these platforms a Financial Strength Rating of A (Excellent) and a Long-Term 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. Contacts:

Diana Durning diana.durning@ascotgroup.com

John Flower john.flower@ascotgroup.com

James Williamson james.williamson@ascotgroup.com

Ascot Insurance Group, 825 Town & Country Lane, Suite 500 Houston, TX 77024 t: +1 713 355 4333

Ascot Group is owned by the Canada Pension Plan Investment Board (CPPIB), the largest pension plan in Canada with over C$400 billion in invested assets and representing the retirement contributions of over 20 million Canadians. CPPIB is rated ‘AAA’ by S&P and Moody’s.

A+ (Strong)

AA- (Very Strong)

ascotgroup.com