RP Underwriting Partners With Ascot to Expand Transactional Risk Capacity
The RiskPoint Group is excited to announce that Ascot Insurance Company (“AIC”) and Ascot Specialty Insurance Company (“ASIC”), (collectively, “Ascot”), has joined RP Underwriting’s US panel of capacity for Transactional Risk – effective from January 1st, 2025. Joining RP Underwriting’s other top-rated carriers, Ascot has an AM Best Financial Strength Rating of ‘A’ (Excellent) and a Long-Term Issuer Credit Rating of ‘a+’ (Excellent).
With long-standing expertise as a trusted carrier in transactional risk, Ascot brings capacity for both Representations & Warranties and Tax Liability insurance to the RiskPoint Group’s growing North American platform.
The addition of Ascot further strengthens RP Underwriting’s market leading panel of ‘A’ or above rated carriers which also includes Arch Specialty Insurance Company, Allianz Global Risk, Allied World Assurance Company (U.S.) Inc., and HDI Global Specialty SE. This premier group of top-rated carriers highlights RP Underwriting and the broader RiskPoint Group’s dedication to working with leading providers to deliver comprehensive and tailored solutions worldwide.
After a highly successful and transformational 2024 for our North American business, we could not be more thrilled to kick off the new year welcoming Ascot to our US panel for Transactional Risk. This new partnership enhances our ability to address the unique needs of our clients and reaffirms the RiskPoint Group’s global leadership in transactional liability solutions.
As one of the largest global Transactional Risk platforms, the RiskPoint team consists of nearly 50 experienced underwriters with in-depth industry and product knowledge across the Americas, AsiaPac, and EMEA. The industry-leading underwriting team is supported by one of the largest dedicated global claims teams operating across several jurisdictions.
For more information about this agreement or our services, please contact Michael McGowan at.
About The RiskPoint Group
The RiskPoint Group is one of Europe’s largest Managing General Underwriters (MGUs), providing best in class insurance solutions to businesses and their advisors globally. The RiskPoint Group operates as RiskPoint in Europe and Asia and RP Underwriting in the rest of the world. With 250+ employees and 16 locations in Europe, North America, and Asia Pacific, the RiskPoint Group employs expert underwriting and specialized, in-house claims teams within Accident & Health, Transactional Risk, Property & Construction, Renewable Energy, Offshore Upstream, and Liabilities, including Financial Lines, Cyber, and Casualty. The RiskPoint Group is a Coverholder with Lloyd’s of London and is backed by a strong panel of well-reputed insurance companies.
About Ascot
Ascot is a leading global insurance, reinsurance, and underwriting services group with over 20 years of consistency and stability, and a diverse insurance product portfolio. US insurance company affiliates within the Ascot Group are rated A (Excellent) by A.M. Best Company.
