Charlie Cantlay will take up his new role on 3 October, from Aon Benfield where he was Chairman of Aon Benfield UK and Chairman of Global ReSpecialty.

Andrew Brooks, Chief Executive of Ascot Underwriting said, “I am thrilled that Charlie has chosen Ascot from the multitude of opportunities he had. With his reputation and the calibre of his experience he will play a fundamental role in driving our strategic objectives. Having known Charlie for many years I am personally looking forward to having him on the Ascot team.”

Regarding his appointment Mr Cantlay said, "I have watched with admiration as Ascot has grown its business since inception in 2001 and am excited at the prospect of helping drive future opportunities working with a team for whom I have the greatest respect."