Michael Sevi
joins as Ascot Group General Counsel; John
Gill promoted to U.S. General Counsel
NEW
YORK, June 24, 2024 /PRNewswire/ -- Ascot Group
Limited, the Bermuda based global
specialty insurance company ("Ascot Group"), today announced that
Michael Sevi has joined the firm as Ascot Group General
Counsel, reporting to Group Chief Executive Officer and President
Jonathan Zaffino. Additionally,
Ascot Group is pleased to announce that John Gill has been promoted to the position of
U.S. General Counsel, with immediate effect.
![Ascot (PRNewsfoto/Ascot Group) Ascot (PRNewsfoto/Ascot Group)](https://mma.prnewswire.com/media/2239587/ascot_logo_square_color_lrg_Logo.jpg)
Michael Sevi joins Ascot
with an impressive legal background spanning private practice,
government service, and the re/insurance industry. In his previous
role as the General Counsel and Chief Compliance Officer at Guy
Carpenter, Marsh McLennan's industry-leading reinsurance brokerage,
Sevi led a multi-disciplined legal and compliance team across six
countries, managing complex cross-border litigation, M&A
activities, and a myriad of corporate governance activities, while
also serving as a member of the Guy Carpenter Executive Committee.
Prior to that, Sevi served as the group Deputy Chief Compliance
Officer of Marsh McLennan, a publicly traded global professional
services firm. He has also held the position of Deputy Chief of
Staff to Governor Rick Scott of
Florida, where he acted as the
Governor's senior policy advisor on insurance, reinsurance,
financial regulation, and taxation.
Sevi will lead a talented Legal and Compliance organization,
headed by Katy Wilson, General
Counsel, U.K. and Bermuda, and
John Gill, General Counsel, U.S.
Gill will report to Sevi, and Wilson will report to both Sevi and
Ian Thompson, Chief Executive
Officer and Director of AUL. Thompson's recently appointed role is
subject to regulatory approval.
John Gill has been
promoted to U.S. General Counsel. Gill joined Ascot in 2021 and has
demonstrated exceptional expertise in legal, business, and
compliance during his tenure, including most recently as U.S.
Associate General Counsel, SVP, Regulatory & Compliance. Gill
has extensive experience working as legal, regulatory, and
compliance counsel for large commercial insurance companies
including Aspen, Berkley, and
Beazley. He began his legal career as a Claims Correspondent
Attorney for marine insurance services firm Lamorte Burns.
"I send my congratulations to John on his well-deserved
promotion. John's legal expertise, coupled with his knowledge of
the Ascot US business and trust and respect of his colleagues make
him an obvious choice for the role," said Jonathan Zaffino, CEO and President of Ascot
Group. "I also warmly welcome Michael
Sevi to Ascot and our first-rate team. I am confident that
Michael's extensive experience in the re/insurance industry will
serve him well as he assumes the Chief Legal Officer role 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 of the importance of
culture."
Under Sevi's leadership, the team will continue to provide the
first-rate legal, regulatory, compliance, corporate secretarial,
and product development services to Ascot's growing
organization.
For more information on Ascot, please visit
https://www.ascotgroup.com.
ABOUT ASCOT GROUP:
Ascot Group is a global specialty insurance and reinsurance
group with a record of underwriting excellence and superior claims
service. Founded in 2001, Ascot provides a broad range of property
and casualty products to customers worldwide through its Lloyd's
and Bermuda market platforms. In
the United States, Ascot provides
specialized insurance products to small and mid-sized businesses as
well as offering underwriting services to high-quality carrier and
syndicate partners through its MGU, Ethos Specialty.
Ascot Group is owned by CPP Investments, a global investment
management organization that invests the assets of the Canada
Pension Plan. CPP Investments is the largest pension plan in
Canada with over C$575 billion in invested assets, representing
the retirement contributions of over 21 million Canadians. CPP
Investments is rated 'AAA' by S&P and Moody's.
For more information on Ascot, please visit
https://www.ascotgroup.com.
MEDIA CONTACT:
Kristina Corso, Prosek
Partners.
Email: pro-ascot@prosek.com.
Phone: 908-278-6225
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SOURCE Ascot Group