Ascot Group has revealed the appointment of a new Group Chief Operating Officer (COO), to enhance the group’s underwriting and operational excellence globally.
The Bermuda-based firm has announced that Elizabeth Johnson will take up the role of its COO, effective immediately.
In this position Johnson will lead the company’s global operational support organisation, with additional oversight of Ascot’s technology, business intelligence, and communications and marketing functions.
She will continue to report to Jonathan Zaffino, Group Chief Executive Officer and President.
She joined the global specialty insurer back in 2020 as Chief Underwriting Officer, North America, before being promoted to Chief Operating Officer, North America in 2022, where she successfully directed an integrated underwriting, data, and operational organisation for the region.
Prior to her tenure at Ascot, Johnson held roles at Nationwide and AIG over a near two-decade stint in the industry. Throughout this time, she has developed an excellent track record of developing and leading successful business operations.
Speaking on her appointment, Zaffino said, “Since joining the company nearly four years ago, Elizabeth has consistently demonstrated the strategic vision and execution skills needed to drive and support our Group’s success. Her efforts have been instrumental in enhancing our operational efficiencies and underwriting discipline, and in delivering advancements in our IT capabilities. Elizabeth is a strong advocate of our authentic culture and embodies the Ascot Way through collaborative engagement, strong leadership, and a commitment to exemplary execution in all areas of the business.”
Elizabeth Johnson, incoming Group Chief Operating Officer at Ascot Group, added, “I am honoured to take on the role of Group COO at Ascot and look forward to building upon the strong operational foundations set forth by our regional leadership teams to both align and further enhance our underwriting and operational excellence across the globe. I look forward to partnering with Jon, our Global Executive Committee and our business and functional leaders to help Ascot achieve both our strategic ambitions and near-term goals.”
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