Ironshore News

Ironshore’s Pembroke Agency Launches Project Cargo Consortium for Lloyd’s China Platform

Ironshore’s Pembroke Managing Agency Ltd. has launched a Project Cargo Consortium to serve the Lloyd’s China platform, offering capacity limits of up to US$178 million. Pembroke Lloyd’s Syndicate 4000 offers dedicated coverage for risk exposure and consequential loss related to …

Ironshore International Names Ethirajan as COO; Retains Role as IronServe’s COO

Ironshore International has appointed Krishnan Ethirajan to serve as chief operating officer. He will retain his current role as chief operations officer of IronServe Inc., a global operations unit that delivers a range of specialized underwriting, finance and technological support …

Ironshore International’s M&A and Tax Insurance Unit Opens Frankfurt Office

Ironshore International’s Mergers & Acquisitions and Tax Insurance unit announced it has opened an office in Frankfurt, Germany, through Ironshore Agency Ltd., to expand its European presence. Ironshore M&A and tax specialists underwrite specialty coverages for complex transactional risk throughout …

Ironshore International Names Lewis to Lead Australia Unit

Ironshore International has appointed William Lewis as managing director of Ironshore Australia Pty Ltd. (IAPL) to be based in the Sydney office. Lewis, a private equity attorney, is a specialist in private equity transactions, tax structuring and insurance, advising private …

Ironshore Names Hiscox’s Fisher as VP Political Risk & Trade Credit in London

Ironshore Inc. has appointed Russell Fisher as vice president of Political Risk and Trade Credit to underwrite European business lines, based in London. Fisher has more than 20 years’ experience as a specialist in trade credit and risk analysis for …

Ironshore Raises Capacity for M&A Cover, Tax Consortium Launched

Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has enhanced its consortium programs to meet client and broker demand for larger, streamlined limits. Ironshore will increase the capacity for its Mergers & Acquisitions Consortium to £100 million ($129.8 million), …

Ironshore Expands Global M&A Unit with Appointments, Capacity Hike

Ironshore has expanded its mergers & acquisitions capabilities with a team of new hires in the Americas and broadened office presence to serve Canada and Latin America. In addition, to support heightened transaction volume throughout the Americas region, Ironshore increased …

Liberty Mutual’s Q4 Net Income Takes a Hit from Auto Liability Losses

Liberty Mutual Holding Co.’s 2016 fourth quarter net income declined substantially, due mostly to higher U.S. personal and commercial auto liability losses. But the number was up for the full year. The insurer booked net income of $143 million for …

Ironshore Int’l Offers Documents, Services in Mandarin for M&A Unit

Ironshore International said it is now offering insurance documents and services in Mandarin for its Mergers & Acquisitions unit, a move that will help it better market to Chinese companies. The service involves a package of Mandarin-language marketing materials and …

Ironshore Expands Liability Coverages for Designers, Contractors

Ironshore’s Construction Industry Vertical, in conjunction with Ironshore Specialty Casualty, has expanded its coverage for the designers and contractors sector with a new combination policy covering contractors professional liability, contractors pollution liability and pollution mitigation in a single product suite. …