The company also announces Joshua Graham as Head of Alcor Group, overseeing offices in U.S., London, Bermuda.
Alcor Group (“Alcor”), a property insurance underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, Inc. (NYSE: AMBC), announces it has opened an Atlanta office as it seeks to broaden operations in the U.S. market. Spearheading the new office is Sophie DeCouto, who joins Alcor as CEO of Alcor USA.
Alcor, which also has offices in London and Bermuda, underwrites property business for clients globally and is backed by S&P A+ rated Lloyd’s capacity.
“We look forward to working more closely with wholesale brokers and their clients in the U.S. whilst continuing to serve our existing stakeholders in London and Bermuda,” Joshua Graham, Head of Alcor Group, said. “This expansion will enable us to widen our network of wholesale brokers and provide better service locally for clients.
“We’re thrilled to welcome Sophie to the team,” Graham continued. “She is a seasoned E&S professional with an exceptional reputation in the wholesale property market. Her leadership, industry insight, and underwriting expertise align with our mission of delivering trusted and effective solutions for our clients, with great service levels. Opening our office in Atlanta enables us to get closer to our clients and embed deeper relationships with our panel of key wholesale brokers.”
With more than 20 years of underwriting leadership and deep market expertise, DeCouto brings a proven track record of driving growth and delivering tailored risk solutions across a range of complex lines. She most recently was Vice President at Paragon Specialty Property and previously held management and underwriting roles at Ironshore, IFG Companies, Axis, and Allied World.
“I’m excited to join Alcor at such a dynamic time,” DeCouto said. “The E&S market continues to thrive with immense potential, and I look forward to continuing to deliver innovative property underwriting solutions backed by Alcor’s strong reputation, service-oriented approach, and A+ rated financial stability.”
Alcor also announces Graham has taken over as Head of Alcor Group, with Chris Fisher moving to an advisory role. Graham and Fisher co-founded Alcor in 2020 with backing from Beat Capital Partners, a London-based incubator of underwriting franchises. Beat was acquired by Ambac in 2024.