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Press & News

2015 Press Releases

Ironshore International Enhances Kidnap & Ransom Coverage for Latin American Clients

Date: 05.27.15

-Program Offers Exclusive Global Crisis Management Expertise- Ironshore International introduces enhanced insurance coverage for Kidnap & Ransom risks to protect Latin American based clients against unexpected events. Ironshore’s comprehensive K&R insurance program provides protection against kidnap for ransom, extortion, hijacking, and wrongful detention.

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IronHealth Offers Program to Protect Providers from Financial Risks of Bundled Payment Contracts

Date: 05.19.15

IronHealth, the specialty healthcare unit of Ironshore Inc., announced today the introduction of a program to protect healthcare providers from the financial risks associated with bundled payment contracts.

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IronPro Appoints Mark Reilly to Lead Mergers & Acquisitions Practice

Date: 05.13.15

IronPro, the U.S. professional and management liability unit of Ironshore Inc., has named Mark Reilly to the position of Senior Vice President, Mergers & Acquisitions.

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Fosun to Acquire Remaining Interest in Ironshore

Date: 05.03.15

Ironshore Inc. (“Ironshore”) and Fosun International Limited announced that they have entered into a definitive agreement for Fosun to acquire the remaining interest in Ironshore that Fosun does not already own. The acquisition of the remaining interest in Ironshore will be effected by the merger of an indirect wholly-owned subsidiary of Fosun International Limited with and into Ironshore, with Ironshore as the surviving company. After giving effect to the merger, Ironshore will be an indirect wholly- owned subsidiary of Fosun International Limited.

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Ironshore to Raise Capacity Limits for Builder's Risk Property Products

Date: 05.01.15

Ironshore Inc. announced that its Global Property division will raise capacity limits for Builder’s Risk products to $50 million, an increase from the current $35 million limit, effective immediately. Ironshore’s Builder’s Risk Property program provides risk transfer protection for U.S.-based and international corporations for sector specific global construction coverages.

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2015 News

CEO: Fosun Merger Will Strengthen Ironshore

Date: 05.19.15

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.

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New Parent Paves Way for Ironshore Acquistion

Date: 05.19.15

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.

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Berkshire, Ironshore in E&S Top 10; XL Catlin May be Next: SNL Data Analysis

Date: 03.26.15

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.

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Lloyd's Takes the Middle East Plunge

Date: 03.11.15

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.

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Big Changes Lead to Even Bigger Product Opportunities

Date: 02.19.15

Matt Dolan, President of IronHealth, discusses traditional barriers collapsing in the health care industry.

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