Ironshore Inc. News

Ironshore Named Oracle Team USA’s Insurer for 2017 America’s Cup

Bermuda-based Ironshore Inc. has been named Official Insurer for Oracle Team USA for the 35th America’s Cup. The announcement said the company will “provide comprehensive insurance coverage for the team, from the Louis Vuitton America’s Cup World Series Bermuda regatta, …

IronHealth Launches Hospital, Health System Liability Policy

IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced its “LeadingEdge” policy for hospitals and integrated health care systems. IronHealth has developed the policy in response to the ongoing consolidation and evolution of healthcare business models to extend a …

S&P Maintains Ironshore on CreditWatch Negative Pending Fosun Approvals

Standard & Poor’s Ratings Services announced that it has extended its CreditWatch with negative implications on Ironshore Inc. and Ironshore Holdings (U.S.) Inc. for another 90 days. A.M. Best took a similar position last week. S&P said it is continuing …

Smith to Head Ironshore’s New Chinese Investment in U.S. Practice Group

Ironshore Inc. announced the formation of the Chinese Investment Practice Group, building upon its relationship with Fosun International, to identify Chinese investment opportunities in U.S.-based companies and assets. Fosun is in the process of completing its acquisition of Ironshore . …

Ironshore Global Property Raises Energy Sector Capacity Limits to $35 Million

Bermuda-based Ironshore Inc. announced that its Global Property Energy division will increase its capacity limits from $25 million to up to $35 million, effective April 2015. Ironshore said the increase would “be available for all classes of business within the …

Ironshore Adds AIG’s Marino to Corporate Accounts Team

Kelly M. Marino has been named to the new position of vice president of corporate accounts at Ironshore Inc., where she will focus on the company’s relationships with Forbes Global 2000 companies. She will be responsible for developing marketing strategies …

Ironshore’s Australian Sub to Buy Specialist Insurer Assetinsure

Bermuda-based Ironshore Inc. announced that its Australian subsidiary has entered into an agreement to purchase all of the shares of Assetinsure Holdings Pty Ltd, the parent company of Assetinsure Pty Ltd (collectively Assetinsure). Ironshore described the company as a “specialist …

Haucke to Lead Ironshore’s New Branch Office In Denver

Ironshore Inc. has named Christian Haucke as branch executive of the Mountain West Region to lead development efforts in the newly established Denver, Colo. office. Haucke will report to Adam Witten, regional executive of the Western Region. Haucke joined Ironshore …

Ironshore Promotes White to Senior VP of U.S. Wholesale Distribution

Bermuda-based specialty insurer Ironshore Inc. promoted Timothy R. White to senior vice president of U.S. wholesale distribution. He will be based in Boston. White will be responsible for the strategy and planning of Ironshore’s U.S. wholesale business platform throughout the …