18 September 2018Insurance

Ascot MGA Ethos appoints new CEO

Ascot Group’s US managing general agent (MGA) platform Ethos Specialty Insurance Services has appointed Rory Cline as its new president and CEO.

Cline is currently the chief underwriting officer (CUO), having joined Ethos Specialty at inception in 2017. Prior to this, he served as president of Ascot Specialty US, a position he held since 2009. In his 35-year-career, Cline has held a number of senior management positions in both primary insurance and reinsurance including being the founding CEO of MGU, DirectFac, in 2004.

Cline will report in to Jerry Tegan, who has recently taken on a wider Ascot Group role as executive chairman US.

Andrew Brooks, Ascot Group CEO, commented: “Rory has been a long-standing employee of Ascot and understands our values and the culture we have. Since joining Ethos at its foundation last year, he and the team have done an excellent job taking the company from a start-up MGU platform to a serious player in the market – he’s the right person to lead them in to their next phase of development. I look forward to Rory being an essential part of Jerry Tegan’s team in growing Ascot Group in the US.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

SCOR rumoured to face new takeover approach by Covéa

Tokio Marine Kiln hires Novae CFO as Dover departs

Hurricane Florence insured loss estimated at $2.5bn

Insurtech Setoo secures €8m funding from AXA

Marsh acquires JLT for $6.4bn

FedNat estimates Hurricane Florence loss at $4m

Chubb appoints new reinsurance officer

Hurricane Florence to expose gaps in flood insurance

Thomas Miller acquires MGA operations

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
17 July 2018   Ethos Specialty Insurance Services, a managing general agency (MGA) and an Ascot Group company, has hired Kevin Mooney as senior vice president and head of small and medium enterprise (SME) casualty from CapSpecialty.
Insurance
12 February 2018   Ascot Group has appointed Jerry Tegan, former president and CEO of RSG Underwriting Managers, as the executive chairman of Ethos Specialty Insurance Services.
Insurance
13 December 2019   Hugh J Boswell will continue to trade under its own brand.