Ironshore Expands Architects & Engineers Program to Deepen Liability Coverage for Contractors
Ironshore Inc. is expanding its capabilities for Architects and Engineers, offering project specific policies for contractor design firms. Valerie Onderka has been hired to le ... Read More »d this initiative and will underwrite project specific policies, as well as professional liability policies for contractor design firms with the collaborative, specialized expertise of Ironshore’s U.S. Specialty Casualty unit and IronPro, its professional liability management unit.
Fosun to Make Strategic Equity Investment in Ironshore
Ironshore Inc. (“Ironshore”) and Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, “Fosun”) announced today that they have entered i ... Read More »to a definitive agreement for Fosun to purchase ordinary shares of Ironshore that would represent 20% of Ironshore’s total outstanding ordinary shares on a fully diluted basis. Ironshore will use all of the proceeds from the share issuance to fund repurchases of outstanding ordinary shares from existing shareholders, including existing long-term private equity shareholders. After giving effect to Fosun’s equity purchase and Ironshore’s use of proceeds, Fosun will be the largest shareholder of Ironshore.
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 Appoints Regional Manager of Surety for Latin America and Caribbean
Ironshore Inc. is pleased to announce the appointment of Norbert Kruger as Regional Manager of Surety for Latin America and the Caribbean. Mr. Kruger will join the Latin Ameri ... Read More »a team, based in Miami, Florida, and also will be a member of Ironshore’s global surety team to help leverage Ironshore’s growing surety capabilities in Latin America.
Ironshore Personal Lines Offers Boat & Watercraft Coverage for High Net Worth Homeowners.
Ironshore’s Personal Lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners. Ironshore’s watercraft program pro ... Read More »ides “All Risk” coverage for watercraft, including jet skis and boats.