Ironshore U.S. Field Operations Appoints New Leadership for Miami and New Orleans Regions
Ironshore Inc. has appointed new leadership for the Miami and New Orleans regions, as announced by Joseph L. Boren, President of U.S. Field Operations. Daniel S. Klask will re ... Read More »ocate from New York to oversee Ironshore’s Miami office as Vice President, to advance marketing and product development for commercial lines to regional clients and brokers. Vanessa Phillips has been appointed Vice President, Branch Manager in New Orleans, responsible for broadening distribution of Ironshore specialty business lines throughout the region. Ms. Phillips will report to Ron Gleason, Regional Executive, South Central; Mr. Klask will report to Scott Fitzmaurice, Regional Executive, Southeast.
Ironshore International Announces Key Management Appointment for Asia Region
Ironshore International announced that Hui Yun Boo has been named Managing Director Asia/Pacific and Principal Officer in Singapore, effective March 2, 2015. She will be respo ... Read More »sible for overseeing business growth and product development of Ironshore specialty lines in the Asia/Pacific region that spans offices in Singapore, Hong Kong, Tokyo and Sydney, and will report to Mark Wheeler, Chief Executive Officer of Ironshore International.
Fosun Completes Strategic Equity Investment in Ironshore
Ironshore Inc. (“Ironshore”) and Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, “Fosun”) announced today that Fosun has completed ... Read More »its purchase of ordinary shares of Ironshore representing 20 percent of Ironshore’s total outstanding ordinary shares on a fully diluted basis, pursuant to the previously announced definitive agreement. Ironshore will use all of the proceeds from the share issuance to fund repurchases of outstanding equity from existing equity holders, including existing long-term, private equity shareholders. After giving effect to Fosun’s equity purchase and Ironshore’s repurchase of outstanding equity from existing equity holders, Fosun will become the largest shareholder of Ironshore.
Ironshore International Announces Acquisition of Dubai-Based Visionary Underwriting Agency
Ironshore International announced the acquisition of Visionary Underwriting Agency based in Dubai, effectively completed in December 2014. Visionary, founded in 2012 by David ... Read More »ustin, is incorporated within the Dubai International Financial Center (DIFC) and is authorized and regulated by the Dubai Financial Services Authority (DFSA). The Ironshore transaction is subject to regulatory approval.
Ironshore International Names Leslie Bomford to Lead Upstream Energy Lines in U.S.
Ironshore International announced the appointment of Leslie Bomford as Senior Vice President of Upstream Energy business lines in the U.S. She will be responsible for underwri ... Read More »ing first party upstream energy sector risk, based in Ironshore’s Houston office. Ms. Bomford will report to Paul Calnan, Division Director, working closely with Peter Coleman in the growth and development of the Global Energy portfolio.