Ascot Group Welcomes Marc Amen as New CEO for North America

Ascot Group Welcomes Marc Amen as New CEO of North America

The Ascot Group has recently appointed Marc Amen as the Chief Executive Officer for North America, a significant move that will ensure the company’s expansive growth in the insurance and reinsurance sectors across the U.S. and Bermuda. This appointment is set to take effect upon the completion of his current commitments later this year, as announced on April 8, 2025.

In his new role, Amen will oversee all operational aspects of Ascot’s U.S. and Bermuda insurance and reinsurance companies. He is also slated to join the Ascot Group Executive Committee, reporting directly to Group CEO and President Jonathan Zaffino.

Zaffino expressed his enthusiasm about Amen’s appointment, stating, "There is a tremendous opportunity for continued profitable growth and expansion for Ascot. Marc brings a proven record of success, leadership, and technical execution. I am excited to welcome him to the Executive Leadership team."

Amen's background is robust, having spent over two decades in the insurance industry. Before joining Ascot, he held a critical role at RenaissanceRe, where he was responsible for managing the underwriting and operational aspects of the company’s U.S. platform. His extensive experience also includes previous positions at Alterra Re, Harbor Point Re, and Chubb Re, giving him a well-rounded expertise in the field of insurance.

Upon his appointment, Amen shared his excitement, saying, "I am eager for this opportunity to lead Ascot's dynamic businesses across North America. The company possesses world-class capabilities and exceptional talent dedicated to executing our strategic goals. I look forward to collaborating closely with Jon, our platform CEOs, and our teams in the U.S. and Bermuda to fulfill our mission in a complex world."

Ascot Group, established over 20 years ago, stands as a leading entity in the global insurance and reinsurance landscape, known for its consistent track record and diverse product offerings. The U.S. insurance affiliates of Ascot Group have been rated A (Excellent) by AM Best Company, a testament to their reliability and operational excellence.

As the company prepares to welcome Amen into his new role, there’s a palpable sense of anticipation surrounding the strategic directions Ascot will take under his leadership. With Amen at the helm, Ascot is poised to capitalize on emerging opportunities and navigate the complexities of the North American insurance market, aiming to enhance its service offerings and establish stronger client partnerships.

In summary, the appointment of Marc Amen as CEO for North America heralds an era of promising growth and innovation for Ascot Group, as it continues to solidify its position in the competitive landscape of insurance and reinsurance. Stakeholders and industry watchers will undoubtedly be keen to observe how Amen’s leadership influences the company’s future trajectory.

Ascot’s steadfast commitment to its mission of being a reliable partner in a challenging world remains unchanged, and with Amen’s addition to the leadership team, the organization is well-equipped to meet the demands of the evolving market.