BellTower Partners closes minority investment in Ascot Group
11/13/24, 2:52 PM
Location
londonMoney
$15 million
Industry
insurance
financial services
Type
partnership
BellTower Partners, a private holding company, has closed a minority investment in Ascot Group, a Bermuda-based global specialty insurance company. The investment, which was upsized due to strong demand, aims to support the expansion of resources and strategic plans of Ascot Group. This partnership signifies a shared commitment to advancing the unique business strategy of Ascot Group.
Company Info
Location
london, england, united kingdom
Additional Info
Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized business as well as offering underwriting services to high-quality carrier and syndicate partners through its MGU, Ethos Specialty.