IronHealth Offers First Medicare Set-Aside Liability Policy
IronHealth, the specialty healthcare unit of Ironshore, Inc., announced that it will offer the first insurance policy designed to protect self-insured employers and workers’ ... Read More »compensation insurance carriers that opt not to seek approval by the Federal Centers for Medicare and Medicaid Services (CMS) for workers’ compensation Medicare Set-Aside Arrangements (MSA). The new Medicare Set-Aside Liability policy will allow for streamlined settlements and provide enhanced benefits to all parties involved in workers’ compensation claim settlements. The coverage is designed to remove the uncertainty of future Medicare enforcement actions from the workers’ compensation settlement process. Ironshore coverage substitutes Ironshore insurance protection for CMS assurances on both an individual and aggregate claims basis.
Iron-Starr Excess Agency Announces Underwriting Alliance with Hamilton Re
Ironshore Inc. is pleased to announce the addition of Hamilton Re as a subscribing insurer to the Iron-Starr Excess Agency Ltd. (Iron-Starr). Iron-Starr currently underwrites ... Read More »n behalf of Ironshore Insurance Ltd. (IIL) and Starr Insurance & Reinsurance Limited (SIRL). With the addition of Hamilton Re, Iron-Starr will be able to offer increased capacity for the full suite of Iron-Starr insurance products across Casualty, Financial Lines and Healthcare.
Ironshore International Opens Hong Kong Office Melody Qian Named to Lead Area Expansion
Ironshore International announced the opening of an office in Hong Kong to build upon the company’s presence in the Asia-Pacific region. Melody Qian has been named General M ... Read More »nager, Ironshore Hong Kong Ltd., to lead the initiative. The addition of the Ironshore Hong Kong office demonstrates Ironshore’s commitment to the Asian market, focusing on North Asia, China, Japan, and South Korea. Melody will report to Chen Dai, Head of Asia, Ironshore International, who is based in the company’s Singapore office, which was established in 2012.
Ironshore Inc. Increases Ownership Stake in Lexon Surety Group to 20 Percent
Ironshore Inc. announced that it has increased its ownership of Lexon Surety Group (“Lexon”) to 20 percent pursuant to an option that it received as part of its initial in ... Read More »estment in Lexon in 2013. Lexon writes over $100 million in direct premiums annually and is the 12th largest writer of surety bonds in the United States. Ironshore’s insurance subsidiaries will continue to provide quota share reinsurance and a primary fronting facility on new and renewal business for most types of U.S. commercial and contract surety risks.
Ironshore To Establish Charlotte Office
Ironshore Inc. has appointed Jennifer Hicswa as the Branch Manager of its new Charlotte, North Carolina office. Ms. Hicswa will be responsible for overseeing the distribution ... Read More »nd underwriting of Ironshore’s Property & Casualty lines of business, reporting to Scott Fitzmaurice, Southeast Regional Executive.