Lloyd’s Agency Ascot Appoints Casualty Fac Team for Ascot Underwriting in U.S.

Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac.

The team will report to Rory Cline, president of Ascot Fac, which is part of Ascot Underwriting Inc., Ascot’s U.S. operation with offices in Houston, New York and Chicago.

Andrew Brooks, CEO of Ascot Underwriting Ltd., said, “I’m delighted to welcome Scott and Lex to Ascot. Their knowledge and depth of experience will be invaluable as Ascot strengthens its commitment to the facultative market and enhances its reinsurance capabilities by offering clients leading casualty fac expertise in addition to its existing property fac products.”

Source: Ascot Underwriting Ltd.