The Ascot Group announces the appointment of a legal team

Michael Sevi becomes general counsel of the Ascot Group; John Gill promoted to the position of general counsel of the United States

NEW YORK, June 24, 2024 /PRNewswire/ — Ascot Group Limited, Bermudas global specialty insurance company (the “Ascot Group”) today announced that Michael Sevi has joined the company as General Counsel of the Ascot Group, reporting to the Group Chief Executive Officer and Chairman Jonathan Zaffino. Additionally, Ascot Group is pleased to announce this John Gill has been promoted to General Counsel of the United States, effective immediately.

Michael Sevi joins Ascot with impressive legal experience spanning private practice, government services and the reinsurance industry. In his previous role as General Counsel and Chief Compliance Officer at Guy Carpenter, Marsh McLennan’s industry-leading reinsurance broker, Sevi led a multi-disciplinary legal and compliance team in six countries, managing complex cross-border disputes, mergers and acquisitions and a myriad of activities related to corporate governance, and at the same time served as a member of the Guy Carpenter Executive Committee. Previously, Sevi served as Deputy Chief Compliance Officer for the Marsh McLennan Group, a publicly traded global professional services firm. He also served as the governor’s deputy chief of staff Rick Scott With Floridawhere he served as senior advisor to the Governor on insurance, reinsurance, financial regulation and tax policy.

Sevi will lead a talented legal and compliance organization led by: Katy Wilsonsolicitor, UK i BermudasAND John Gillgeneral counsel, US Gill will report to Sevi and Wilson to both Sevi and Ian Thompson, CEO and director of AUL. Thompson’s recently appointed position is subject to regulatory approval.

John Gill was promoted to the position of general counsel of the United States. Gill joined Ascot in 2021 and has demonstrated exceptional legal, business and compliance expertise during his tenure, most recently as US Deputy General Counsel, Senior Vice President, Regulatory and Compliance. Gill has extensive experience working as a legal, regulatory and compliance advisor to large commercial insurance companies, including Aspen, Berkley and Beazley. He began his legal career as a claims attorney at Lamorte Burns, a marine insurance company.

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“I congratulate John on his well-deserved promotion. “John’s legal knowledge, combined with his knowledge of the Ascot US business and the trust and respect of his colleagues, make him the obvious choice for this position,” he said Jonathan Zaffino, CEO and Chairman of the Ascot Group. “I also extend a warm welcome Michael Sevi for Ascot and our first-class team. I am confident that Michael’s extensive experience in the reinsurance industry will serve him well as he takes up the role of legal director at Ascot Group. Both of these individuals bring a passion for the law and its application to our industry, a commitment to leadership and colleague development, and a deep appreciation for the importance of culture.

Under Sevi’s leadership, the team will continue to provide Ascot’s growing organization with first-class legal, regulatory, compliance, corporate secretarial and product development services.

More information about Ascot can be found on the website https://www.ascotgroup.com.

ABOUT ASCOT GROUP:

The Ascot Group is a global insurance and reinsurance specialist group with a track record of underwriting excellence and claims handling excellence. Established in 2001, Ascot provides a wide range of property and casualty products to customers worldwide through the Lloyd’s and Bermudas marketplace platforms. IN United StatesAscot provides specialist insurance products to small and medium-sized businesses and also offers high-quality insurance services to carriers and syndication partners through its MGU specialist, Ethos.

The Ascot Group is owned by CPP Investments, a global investment management organization that invests Canada Pension Plan assets. CPP Investments is the largest pension plan in the world Canada with over 575 billion Canadian dollars in invested assets representing the retirement contributions of over 21 million Canadians. CPP Investments is rated “AAA” by S&P and Moody’s.

More information about Ascot can be found on the website https://www.ascotgroup.com.

CONTACT WITH THE MEDIA:

Krystyna CorsoProska Partners.
E-mail: [email protected].
Phone: 908-278-6225

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SOURCE Ascot Group