Alcor Group launches Atlanta office led by Sophie DeCouto

Alcor Group, a property insurance underwriter backed by Beat Capital Partners, a subsidiary of Ambac Financial Group, has announced the launch of an Atlanta office, led by Sophie DeCouto, as part of its expansion into the U.S. excess and surplus (E&S) market.

Alcor, which also has offices in London and Bermuda, underwrites property business globally and is backed by S&P A+ rated Lloyd’s capacity.

Joshua Graham, Head of Alcor Group, said, “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.

“This expansion will enable us to widen our network of wholesale brokers and provide better service locally for clients.”

DeCouto will serve as CEO of Alcor USA. She brings over 20 years of underwriting leadership and deep expertise in the E&S market.

She joins Alcor from Paragon Specialty Property, where she most recently served as Vice President. Prior to that, she held management and underwriting roles at Ironshore, IFG Companies, Axis, and Allied World.

“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.”

“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 announced the appointment of Graham as Head of Alcor Group, overseeing operations in the U.S., London, and Bermuda. He succeeds Chris Fisher, who is transitioning into an advisory role.

Graham and Fisher co-founded Alcor in 2020 with support from Beat Capital Partners, a London-based incubator of underwriting franchises. Beat was acquired by Ambac in 2024.

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