Ascot hires Stoik as new head of marine

Lloyd “Pat” Stoik will join insurer Ascot Group as Executive Vice President, Head of Marine, Ascot US, effective October 24th. He will be based in New York and will report directly to Matt Kramer, Chief Executive Officer, Ascot US.

Stoik has more than 35 years of senior management, underwriting, and broker experience. Most recently he served as Chief Risk Officer for Overhaul Group Inc, where he was responsible for the company’s insurtech business strategy and played a key role in elevating and consulting on Overhauls’ presence in the insurance market.

Stoik has also spent time at, among others, Great American Insurance Group, where he oversaw four underwriting divisions – including Ocean and Inland Marine, in the U.S. and Europe. He began his insurance career at Chubb, where he spent more than 25 years in roles of increasing responsibility, ending as SVP for Worldwide Marine, overseeing their ocean marine, inland marine, asset affinity, and entertainment portfolios.