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Ascot drops Lyons to head new US portfolio insurance division



Ascot Group Ltd. has appointed former American International Group Inc. CEO Anthony Lyons as Deputy CEO and head of a new portfolio insurance division within its US operations. said Mr. Lyons, which will have its headquarters in New York, will work with third-party companies that want to do business with Ascot and also oversee group and single insurance coverage.

In addition to working closely with current and future general agent handles and general warranty clients, Mr. Lyons to explore new digital distribution models through technical partnerships, Ascot said.

Mr. Lyons was most recently Deputy CEO and Global Head of Analysis and Technical Services at AIG. Prior to that, he was President, National Accounts Primary Accident of the United States and Canada, at AIG.

The new portfolio of portfolio solutions builds on Ascot's past work in the program space, said Jonathan Zaffino, Group President, in the statement. Catalog

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