CEO: Fosun Merger Will Strengthen Ironshore
Ironshore may be in the process of being taken over by a Chinese firm — but its roots will remain firmly entrenched in Bermuda.
Maintaining what Ironshore chief executive officer Kevin Kelley calls “the Bermuda advantage” was a key element of the $1.84 billion acquisition of the insurer by Shanghai-based Fosun International Ltd
With management given a mandate to continue what they’ve been doing — building out a global specialty i
nsurance platform — with an owner in it for the long term, Mr Kelley believes Ironshore is more strongly positioned than ever for growth.
New Parent Paves Way for Ironshore Acquistion
Ironshore’s new owner, Chinese conglomerate Fosun International, is keen on expanding its substantial global insurance holdings, which is music to the ears of Ironshore Australia MD Katherine Simmonds, who says the acquisition will enable Ironshore Australia to pursue organic growth and expansion through acquisition.
Berkshire, Ironshore in E&S Top 10; XL Catlin May be Next: SNL Data Analysis
Berkshire Hathaway and Ironshore were among the top 10 writers of U.S. excess and surplus lines business in 2014, according to data compiled by SNL Financial.
Lloyd's Takes the Middle East Plunge
Lloyd’s launches its Middle East platform in Dubai this March. Article speaks to some of the managing agents, including Ironshore's Pembroke Managing Agency, as well as Lloyd’s itself to get a sense of what lies ahead.
Big Changes Lead to Even Bigger Product Opportunities
Matt Dolan, President of IronHealth, discusses traditional barriers collapsing in the health care industry.
Many Paths to Product
Kevin Kelley discusses Ironshore's preferred approach to developing products.