Ironshore Inc. has opened a property/casualty production center in Boston dedicated to the insurance wholesale market, the company said.
The new center will focus on serving the East Coast, including New England, New York, Atlanta and the Mid-Atlantic regions. Ironshore said the new production center will complement Ironshore’s Risk Agency, a unit of Ironshore Insurance Services LLC, located in St. Louis, that will continue to serve the wholesale insurance market through its Central and Western geographic footprint within the U.S.
Ironshore told Insurance Journal that St. Louis and Boston offices both have dedicated P/C teams focusing on coverages of Ironshore’s complete array of U.S. product offerings — through its wholesale distribution network.
The company said Steven England, executive vice president of Ironshore Insurance Services LLC, will oversee Ironshore’s wholesale distribution platform nationwide. England will be responsible for both the St. Louis and Boston centers, developing strategies to provide the wholesale market with production resources to support Ironshore’s suite of U.S. products.
“Ironshore’s establishment of an East Coast production center is an integral next step that will enable Ironshore Risk Agency to more efficiently serve its wholesale distribution network throughout the U.S.,” said England.
The company also said Timothy White has been appointed manager of the Boston property team, and Michael Sharis will assume responsibilities for Boston casualty business lines.
Ironshore Risk Agency, a unit of Ironshore Insurance Services LLC, has produced more than $275 million in gross written property/casualty premium with the wholesale insurance market since the initiative was launched in January 2009.
Ironshore, headquartered in Bermuda, provides broker-sourced specialty property/casualty insurance coverages for varying risks on a global basis through its international platforms.