Insurance company Ascot Group has announced a senior management change alongside plans to widen its treaty reinsurance operations in the US.

Justin Keith, currently CEO of Ascot Bermuda, will move to the US later this year to oversee the development of the group’s treaty reinsurance business in the US market.

The appointment reflects Ascot’s intention to extend its US reinsurance activities beyond its existing focus on facultative reinsurance.

The company said the planned expansion of treaty reinsurance offerings is aimed at supporting sustainable, long-term growth while allowing Ascot to offer a broader range of solutions to clients.

Keith will be responsible for leading this strategy, drawing on his background in building and managing treaty portfolios across multiple lines.

Following Keith’s relocation, Marc Amen, CEO of North America, will take on the role of interim CEO of Ascot Bermuda.

Amen was appointed CEO of its North American operations in April last year.

Ascot said the leadership transition is designed to ensure continuity in Bermuda while advancing its strategic priorities in the US reinsurance market.

Amen said: “We expect these updates to enable continued success and growth at Ascot. We also look forward to working more extensively with our reinsurance clients across North America and continuing to deliver the value they have come to expect from our organisation.”

Earlier this week, Ascot Group appointed Ashleigh Edwards as group head of ceded reinsurance, effective from 5 January 2026.

According to the insurer, Edwards will have “ultimate responsibility” for its ceded reinsurance strategy across its global platforms.

Her responsibilities include supervision of reinsurance structures, placement approaches and the various classes of business covered under the programme.