Ascent hire supports healthcare expansion
Ascent Underwriting, the specialist niche-product managing general agent, has appointed Ben Wilson as healthcare underwriter with immediate effect.
Reporting to chief underwriting officer Gareth Tungatt, Wilson will support Ascent in meeting growing demand for its Medical Billings product, which combines cover for errors and omissions arising from incorrect billing, associated regulatory exposure and reputational harm. In addition, he will be responsible for developing complementary products for the healthcare sector.
Launched in 2013 for US healthcare professionals on an individual risk basis, Ascent’s Medical Billings portfolio has grown considerably. Ascent underwrites this specialist business on an open market basis and also offers reinsurance and structured facilities.
Wilson brings extensive healthcare liability experience having underwritten a range of portfolios in over 50 countries. He joins from QBE and has held healthcare-related underwriting roles at Dale Underwriting Partners and Marketform. He began his insurance career with Chaucer Syndicates Ltd.
Tungatt said: “In addition to our signature CyberPro products, Medical Billings has been phenomenal in opening up distribution channels for Ascent in the US. We are extremely pleased to welcome Ben who will not only help meet demand but will be instrumental in further developing Ascent’s healthcare proposition. With Ben’s expertise added to that of the existing team, Ascent will look to move quickly in developing additional covers, such as allied health and complementary medicine, initially for core markets in the US, Canada and Australia and ultimately on a worldwide basis.”
Media contact
Richard Adams
Haggie Partners
+44 (0)20 7562 4444
About Ascent Underwriting
Ascent is a specialist Managing General Agent underwriting on behalf of a number of Lloyd’s Syndicates. It provides innovative insurance solutions face-to-face, and via a proprietary electronic underwriting platform. Ascent believes that all insurance products should be complemented by value-added solutions, and therefore partners with other professionals, including risk assessors, forensic experts, and proactive claims management companies, to assist clients in making informed choices and ensuring the claims process is smooth and efficient.