Lloyd's insurer Ascot Underwriting has established a new office at One Bryant Park in New York, US, which will be led by Ascot Fac chief underwriting officer Paul Amrose.
Amrose and his team will relocate from Hartford to the new office in New York on 20 May.
Ascot Underwriting chief executive officer Andrew Brooks said the new office will help Ascot develop new business opportunities as well as further enhance its ability to support clients and producing brokers to the highest standards.
Currently based in Chicago, Ascot Fac president Rory Cline will also relocate to New York and will be responsible for the company's growth in the direct lines that will be written by the new team.
In addition to Fac business, Cline will expand the current direct lines strategy for Ascot's US offices while working with Ascot Houston lead John Flower.
Meanwhile, Ascot Fac senior vice president Nick Pozzebon will assume leadership of Ascot's Chicago office, which will remain a key producing hub for Ascot in the US along with Ascot's Houston office.
