Ascot hands newly created chief actuary role to former CNA exec

Ascot has swiped a new group chief actuary from CNA Insurance as it looks to create a common framework across its underwriting, risk, enterprise risk management, IT and data strategy teams.

Matthew Lillegard fills the newly created position of chief actuary, leading all Ascot’s actuarial functions and reporting to Jonathan Zaffino, group president.

Lillegard spent more than 20 years at CNA Insurance, holding a number of leadership responsibilities including senior vice president (SVP) of property and casualty reserving and SVP of specialty pricing.

Zaffino called Lillegard “an experienced risk professional with first-hand knowledge of the intricate nature of actuarial work in a diverse specialty re/insurance business at both the pricing and reserving levels.”

Lillegard added: “There’s an inspiring energy around Ascot and its current growth development, with tremendous activity around new products, infrastructure enhancements and leading industry talent joining the company.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.