Pat Stoik will be a part of insurer Ascot Group as Executive Vice President, Head of Marine, Ascot U.S., efficient October 24. He shall be based mostly in New York and can report on to Matt Kramer, Chief Executive Officer, Ascot U.S.
An skilled govt within the marine business, Stoik brings greater than 35 years of senior administration, underwriting, and dealer expertise to Ascot. Most not too long ago, he served as Chief Risk Officer for Overhaul Group, Inc., a worldwide chief in in-transit provide chain threat administration, the place he was answerable for the corporate’s insurtech enterprise technique and performed a key function in elevating and consulting on Overhauls’ presence within the insurance coverage market.
Stoik has additionally hung out at main P&C insurance coverage firms together with Great American Insurance Group, the place he oversaw 4 underwriting divisions – together with Ocean and Inland Marine, within the U.S. and Europe. He started his insurance coverage profession at Chubb, the place he spent greater than 25 years in roles of accelerating duty, most not too long ago as Senior Vice President, Worldwide Marine, overseeing their ocean marine, inland marine, asset affinity, and leisure portfolios.
Stoik holds a Bachelor of Arts from Colorado State University, and has his Certified Insurance Counselor Designation, Associate in Risk Management Designation, and Transportation Risk Specialist Designation. He can be a longtime member of the Inland Marine Underwriters Association, having beforehand served as Vice Chair on the Board of Directors and Chairman of the Education Committee.
“At Ascot we are committed to adding best-in-class talent to our underwriting units while providing a client-centric approach to our service, products, and solutions,” said Kramer. “Pat is a seasoned chief within the business, and his deep information within the marine area will help our continued success and progress within the critically necessary U.S. marine market.”
