Caspar Stops – Head of Cyber & Technology
1 Minster Court
Mincing Lane, London
Ascent was originally formed towards the end of 2012 and commenced underwriting with effect from January 1st, 2013. Ascent is an approved Lloyd’s coverholder.
What differentiates Ascent from many of our competition is that we have built a consistently profitable portfolio of business from an increasingly large distribution channel. As Cyber risk exposures faced by our clients change, we believe that our diverse portfolio of business and focus on underwriting quality gives us a competitive advantage. This income stream is mid-market by nature, giving our partners access to a balanced, profitable portfolio in the key emerging risk in recent years. We have created market leading proprietary
products and we partner with risk managers and risk mitigation specialists to complement our insurance solutions and manage claims.
Our Cyber underwriting team is now one of the largest and most experienced teams in London and recognized for our underwriting, service and investment into technology across the globe. In order to augment our strategy of consistently profitable growth, we have developed our technology platform (Optio Connect) to ensure we can capitalise on the growth potential in the sector and pivot to any change in the way business is transacted within our distribution channel (i.e. API connectivity).