Paragon Insurance Holdings LLC, the Connecticut-based national multi-line managing general agent, has announced a partnership with Bermudian-headquartered Ascot Group, the global provider of specialty insurance, reinsurance and underwriting services.

In its first programme partnership, the company said, Ascot would support Paragon’s public entity casualty insurance programme, Trident Public Risk Solutions, combining Paragon’s proficiency in tailored underwriting and specialty insurance with Ascot's extensive and diverse global portfolio.

Matt Kramer, the chief executive of Ascot US, said: “Ascot forms strategic partnerships with discerning MGA/MGUs such as Paragon because we understand the value of their specific underwriting technology and capabilities to fill unique coverage needs in the market.

“We look forward to beginning our partnership on Trident’s casualty programme as we work together to deliver client solutions.”

Ron Ganiats, the chief executive of Paragon, said: “We are excited to partner with Ascot on the Trident business. With Ascot’s breadth of capabilities and the strategic approach to trading relationships, we see Trident as our first of what will ultimately become a large and diversified trading partnership.”