Specialist insurance and reinsurance provider Ascot has launched Ascot Guard, a global security insurance solution designed to provide a wide range of protection for organizations and individuals operating domestically, internationally and in high-risk or complex environments.
Ascot Guard is tailored to serve a diverse client base across industries including energy and mining, tourism, education, NGOs, financial services and healthcare, as well as high net worth individuals seeking enhanced personal security and safety.
The product is led by a team of professionals with over 75 years of combined experience in underwriting ransomware and security-related insurance. The Ascot Guard team specializes in providing strong crisis protection and coordinated response services to clients and their families in a variety of situations.
Jonathan Gregory, executive underwriter of crisis management at Ascot, commented: “Ascot Guard offers simplicity and confidence. Whether in stable or challenging environments, Ascot Guard helps protect organizations and individuals at home and abroad. This product demonstrates our commitment to innovation and customer security around the world.”
In addition to the product launch, Ascot has entered into a strategic partnership with crisis response company Merrill Herzog. Through this partnership, Ascot Guard policyholders will have immediate, 24/7 access to expert advice to assess, manage and address potential threats.
Paul Hatcher, CEO of Merrill Herzog, added: “We are honored to have been selected as Ascot’s designated crisis response assistance partner. This exciting strategic partnership brings together Ascot’s renowned expertise in specialist insurance with Merrill Herzog’s proven leadership in crisis response, allowing us to jointly deliver innovative, effective risk transfer solutions, backed by a modern, flexible approach to insurance, rapid response and unwavering customer support.”
Ascot Guard is currently available in the UK, with plans to launch in the US later this year.
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