Ironshore Expands Coverage for Transportation Product Segment

March 4, 2016

Ironshore Inc.’s Specialty Casualty Transportation unit has launched TransitProtect Plus, a new suite of endorsements offering coverage enhancements for transportation product manufacturers and distributors.  Coverage is underwritten on a primary basis with limits up to $5 million on an occurrence or claims-made basis.

Enhancements include extensions for additional insureds and vendors as well as limited professional liability, garage keepers legal liability and lot or batch coverages.  Target classes of business include manufacturers and distributors of automobiles, commercial vehicles, recreational motor vehicles and watercraft, and railroad equipment.

Ironshore’s Crisis ThreeSixty coverage, with Recall Reimbursement Expense, provides a crisis management benefit for clients to assist with preparing for and responding to a product recall event. Coverage is available on a first dollar basis and includes a complimentary pre-event consultation, as well as post-event assistance surrounding a product recall.

Ironshore provides broker-sourced specialty property and casualty insurance coverages for varying risks located throughout the world. Select specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000.

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