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Press & News

2019 Press Releases

Date: 06.24.19

Ironshore Environmental Streamlines Contractors Pollution Liability Product with Online Portal

Ironshore Environmental is offering a comprehensive Contractors Environmental Legal Liability (CELL) policy that can be underwritten by broker partners through an online Quote & Bind Portal. Ironshore’s CELL product responds to 3rd party bodily injury, property damage and remediation of environmental damages resulting from pollution incidents caused by the contractor’s work at a job site.

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Date: 06.10.19

IronPro Introduces Innovative Two-Term Liability Policy Endorsement for Small Business Services Providers

IronPro, the professional liability unit of Ironshore, is introducing a two-term policy endorsement for its Miscellaneous Professional Liability (MPL) product for small business accounts. MPL policy endorsement will streamline underwriting to reduce the brokers’ administrative costs associated with small business accounts, defined herein as professional services providers with less than $5 million in annual revenues. IronPro’s policy will renew after the first year for a second term with the same guaranteed premium terms and conditions as the first policy period.

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Date: 06.10.19

Ironshore Environmental Offers Products Pollution Coverage Enhancement to Broaden SPILLS Program

Ironshore Environmental is offering an enhancement to its Site Pollution Incident Legal Liability Select (SPILLS) policy to broaden its coverage for manufacturers and distributors, as well as other entities with products exposure. The Ironshore SPILLS policy provides comprehensive environmental liability protection enabling insureds to manage a variety of environmental exposures. This new SPILLS policy endorsement extends coverage for pollution incidents caused by the insured’s product after that product has been put to its intended use, helping to fill policy coverage gaps, which exclude bodily injury, property damage and cleanup arising from a product.

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Date: 03.07.19

Liberty Mutual Bolsters Wholesale Distribution Leadership and Dedicated Wholesale Underwriting Units Across U.S.

Liberty Mutual has announced new appointments to lead commercial lines business for wholesale distribution within its Global Risk Solutions unit. Tara Houvenagle has been named Wholesale Distribution Executive West, and Jessica Ferguson has been named Wholesale Distribution Executive East. They will join the leadership team led by Ben Johnson, Wholesale Distribution Executive for North America, who is responsible for overseeing the development and placement of products and services across Liberty Mutual and Ironshore’s wholesale distribution channels.

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Date: 02.08.19

Ironshore Environmental Enhances Storage Tank Pollution Liability Offering with Online Portal

Ironshore Environmental offers a stand-alone comprehensive Storage Tank Policy that addresses first- and third-party liability in response to releases from underground and aboveground storage tanks, which is now accessible to brokers through an online Quote & Bind Portal. With available limits from $500,000 to $50 million, this coverage satisfies financial assurance requirements federally and in all 50 states. Of note, the policy carries no minimum premium with deductible options starting at zero dollars for eligible tanks.

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2019 News

Date: 07.26.19

Risk & Insurance article featuring IronHealth's CUO, Kevin Dean: 5 Ways Health Care Transformation Is Impacting Insurance

Each innovation in health care influences the way underwriters approach the market; by knowing what’s changing, insureds can help keep insurers informed.

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Date: 05.07.19

AM BestTV Panel: Experts See Insurtechs as Enablers, Amazon as Potential Disruptor

A panel of senior insurance leaders say the industry would be wise to think about where Amazon might enter the space, then figure out how to beat it there.

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Date: 03.13.19

Risk & Insurance article featuring Toby Smith, President Ironshore Environmental: Mold Remediation is Costing Hotels and Hospitals Millions. These 3 Critical Lessons Can Help Other Real Estate Companies Avoid the Same Fate

The frequency and severity of mold claims have spiked in recent years. The biggest losses highlight the need for proactive risk management.

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Date: 01.28.19

Risk & Insurance article featuring IronHealth's CUO, Kevin Dean: An Entire Industry Was Duped By a Well-Spoken, Well-Dressed Silicon-Valley Tycoon; Here’s Why It’ll Happen Again

Elizabeth Holmes tricked investors out of millions by dressing in ‘Steve Jobs’ black and pitching health care technology that didn’t work. The risk management lessons from the Theranos fiasco are both scary and insightful.

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Date: 01.09.19

Risk & Insurance article featuring Ironshore, U.S. President, Matt Dolan: Social Inflation Threatens Claims Outcomes, and Other Insights Shared by a Specialty Exec

The specialty market is booming. According to the Surplus Lines Stamping Office of Texas, E&S premiums recorded by 15 managing services offices in mid-2018 were up $1.4 billion from the previous year — a 9.4 percent bump. Over the past seven years, premiums have jumped 67 percent. With its acquisition of specialty insurer Ironshore in the Spring of 2017, Liberty Mutual Insurance has taken advantage of this growing market. We sat down with President of Ironshore U.S., Matt Dolan, to talk about how the merger boosts his company’s competitive advantage in an increasingly crowded marketplace, as well as other trends and challenges facing the industry in 2019.

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