Ironshore Press Releases
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2012 PRESS RELEASES
Ironshore Appoints Dennis Mahoney and Eric Simonson to Serve on its Board of Directors
Date: 02.02.12
Ironshore Inc. announced that Dennis L. Mahoney and Eric A. Simonson have been appointed to its Board of Directors. Mr. Mahoney is the former Chairman and Chief Executive Officer of Aon Global in London. Mr. Simonson most recently was Senior Vice President and Chief Investment Officer of Allstate Insurance Company and served as Chairman and President of Allstate Investments, LLC, based in Northbrook, Illinois.
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Date: 02.02.12
Ironshore Inc. announced that Dennis L. Mahoney and Eric A. Simonson have been appointed to its Board of Directors. Mr. Mahoney is the former Chairman and Chief Executive Officer of Aon Global in London. Mr. Simonson most recently was Senior Vice President and Chief Investment Officer of Allstate Insurance Company and served as Chairman and President of Allstate Investments, LLC, based in Northbrook, Illinois.
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Ironshore Appoints Paul S. Giordano and Daniel L. Sussman to Assume Leadership Roles for Special Risk Unit
Date: 02.01.12
Ironshore Inc. announced the creation of a Special Risk Unit to be led by current executives who will assume additional responsibilities. Paul S. Giordano has been appointed Chairman for Political and Special risk and Daniel L. Sussman has been named President of Ironshore Special Risk. Mr. Sussman will continue in his current role as President of Ironshore Political Risk, reporting to Mr. Giordano in both capacities. Mr. Giordano will continue to serve as Ironshore's General Counsel and Secretary.
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Date: 02.01.12
Ironshore Inc. announced the creation of a Special Risk Unit to be led by current executives who will assume additional responsibilities. Paul S. Giordano has been appointed Chairman for Political and Special risk and Daniel L. Sussman has been named President of Ironshore Special Risk. Mr. Sussman will continue in his current role as President of Ironshore Political Risk, reporting to Mr. Giordano in both capacities. Mr. Giordano will continue to serve as Ironshore's General Counsel and Secretary.
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Ironshore Announces Opening of Singapore Office
Date: 01.30.12
Ironshore Inc. announced that Ironshore Insurance Ltd., its Bermuda-based insurance subsidiary, is opening an office in Singapore as the next phase of the strategic expansion of its global platform. Mr. Chen Dai has been named Principal Officer of Ironshore’s Singapore branch to lead regional growth in serving the commercial insurance needs on behalf of Ironshore in the Asian marketplace. John G. Moncavage joins the Singapore office as Vice President of Political Risk.
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Date: 01.30.12
Ironshore Inc. announced that Ironshore Insurance Ltd., its Bermuda-based insurance subsidiary, is opening an office in Singapore as the next phase of the strategic expansion of its global platform. Mr. Chen Dai has been named Principal Officer of Ironshore’s Singapore branch to lead regional growth in serving the commercial insurance needs on behalf of Ironshore in the Asian marketplace. John G. Moncavage joins the Singapore office as Vice President of Political Risk.
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Katherine Cheung Joins Ironshore's Pembroke Syndicate
Date: 01.25.12
Ironshore Inc. announced that Katherine Cheung has joined the Mergers & Acquisitions division as Underwriter and Solicitor of its Lloyd's Pembroke Syndicate 4000 in London. Ms. Cheung's industry experience reflects her career tenue in corporate law and the specialty Mergers & Acquitions broking market. Most recently, she served as Client Manager for Aon's Transaction Liability unit in London. She was also a solicitor with the law firm of Pinset Masons LLP.
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Date: 01.25.12
Ironshore Inc. announced that Katherine Cheung has joined the Mergers & Acquisitions division as Underwriter and Solicitor of its Lloyd's Pembroke Syndicate 4000 in London. Ms. Cheung's industry experience reflects her career tenue in corporate law and the specialty Mergers & Acquitions broking market. Most recently, she served as Client Manager for Aon's Transaction Liability unit in London. She was also a solicitor with the law firm of Pinset Masons LLP.
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Ironshore Pembroke Consortium Closes First Year in Providing Fine Art Coverages
Date: 01.24.12
Ironshore Inc. announces that the Pembroke Consortium, led by its Lloyd's Pembroke Syndicate 4000, has closed its first year in offering specialty Fine Arts and Specie coverages for High Value Cargo lines. Ironshore's Pembroke Consortium was launched in 2011 as the only fine arts consortium with $105 million in capacity and will increase capacity for this specialty facility to $116 million in 2012. The Pembroke Consortium is comprised of nine Lloyd's Syndicates, including 4000, to underwrite varying percentages reflecting each company's respective commitment.
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Date: 01.24.12
Ironshore Inc. announces that the Pembroke Consortium, led by its Lloyd's Pembroke Syndicate 4000, has closed its first year in offering specialty Fine Arts and Specie coverages for High Value Cargo lines. Ironshore's Pembroke Consortium was launched in 2011 as the only fine arts consortium with $105 million in capacity and will increase capacity for this specialty facility to $116 million in 2012. The Pembroke Consortium is comprised of nine Lloyd's Syndicates, including 4000, to underwrite varying percentages reflecting each company's respective commitment.
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Ironshore Australia Anounces Expansion of Merges & Acquisitions Business Lines
Date: 01.23.12
Ironshore Australia has announced the appointment of Katherine Simmonds as Executive Director, who was also named to serve on the Board of Directors for Ironshore Australia. Ms. Simmonds will be responsible for Ironshore Australia's Mergers & Acquisitions insurance program offerings throughout the Asia Pacific region, as well as overseeing the implemention of Ironshore Australia's business growth objectives, reporting to David Rogers, Managing Director.
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Date: 01.23.12
Ironshore Australia has announced the appointment of Katherine Simmonds as Executive Director, who was also named to serve on the Board of Directors for Ironshore Australia. Ms. Simmonds will be responsible for Ironshore Australia's Mergers & Acquisitions insurance program offerings throughout the Asia Pacific region, as well as overseeing the implemention of Ironshore Australia's business growth objectives, reporting to David Rogers, Managing Director.
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Ironshore Announces Bermuda as its Center for Energy to Underwrite New Propety Energy Coverages
Date: 01.20.12
Ironshore Inc. announced that Ironshore Insurance Ltd., its Bermuda insurance subsidary, will be the Center for Energy business to consolidate all new Property Energy underwriting in one strategic location under the leadership of Peter Coleman, Executive Vice President, in Bermuda. Property Energy coverages for existing and renewal insurance policies outside Bermuda will continue to be provided and serviced by Ironshore insurers in the United States and elsewhere.
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Date: 01.20.12
Ironshore Inc. announced that Ironshore Insurance Ltd., its Bermuda insurance subsidary, will be the Center for Energy business to consolidate all new Property Energy underwriting in one strategic location under the leadership of Peter Coleman, Executive Vice President, in Bermuda. Property Energy coverages for existing and renewal insurance policies outside Bermuda will continue to be provided and serviced by Ironshore insurers in the United States and elsewhere.
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Ironshore Europe Expands Environmental Product Offerings to European Markets
Date: 01.10.12
Ironshore Europe Limited, based in Dublin, Ireland, has announced that the Ironshore Environmental suite of products is now available in Europe. Ironshore Environmental offers a range of specialty coverages, providing insurance protection against the adverse financial impact of environmental incidents and liabilities. Ironshore Europe Limited's Environmental class of business will be managed from their London branch by Alan Shaw.
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Date: 01.10.12
Ironshore Europe Limited, based in Dublin, Ireland, has announced that the Ironshore Environmental suite of products is now available in Europe. Ironshore Environmental offers a range of specialty coverages, providing insurance protection against the adverse financial impact of environmental incidents and liabilities. Ironshore Europe Limited's Environmental class of business will be managed from their London branch by Alan Shaw.
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