Securis hires Ascot founder

ILS manager, Securis has appointed the founder and chief executive officer (CEO) of Ascot Underwriting, Martin Reith, as advisory director.

In the newly-created role Reith will help and advise with business planning and strategic development, participate on the Securis board, provide oversight of internal procedures and risk management, and help with introductions to cedants, brokers and investors, according to Securis.