Ascot Insurance Group has announced the appointment of Jonathan Zaffino as its new group president following his departure from Everest Insurance.
Zaffino will now report to CEO Andrew Brooks, having previously been president and CEO of the Everest Insurance Division.
He brings with him “extensive” industry experience and expertise, having served in a variety of leadership roles, including underwriting and brokerage, throughout a 26-year career.
Prior to his leadership position at Everest, Zaffino was a managing director at Marsh, and later became president and CEO of Victor O. Schinnerer, a Marsh subsidiary.
Brooks said: “I very much look forward to welcoming Jon to Ascot and working with him as we continue the build out of our businesses.
“His appointment demonstrates the strength of Ascot’s franchise, our commitment to building a premier global re/insurance business, and to attracting industry leading talent.”
He added: “In a short space of time, we’ve made tremendous progress, with an emphasis on underwriting discipline and the acquiring of high quality teams.
“From this very solid foundation, having someone of Jon’s enormous experience and expertise in the insurance space will be hugely beneficial in building upon what we have achieved, helping to take Ascot to the next level.”
Zaffino added: “I am thrilled to join Ascot at this exciting time in its evolution. I look forward to partnering with Andrew and the executive team, as well as all of the talented Ascot colleagues across the organization to continue on this path of growth and transformation.”