Ironshore International News

Ironshore’s Pembroke Agency Launches Project Cargo Consortium for Lloyd’s China Platform

Ironshore’s Pembroke Managing Agency Ltd. has launched a Project Cargo Consortium to serve the Lloyd’s China platform, offering capacity limits of up to US$178 million. Pembroke Lloyd’s Syndicate 4000 offers dedicated coverage for risk exposure and consequential loss related to …

Ironshore International Names Ethirajan as COO; Retains Role as IronServe’s COO

Ironshore International has appointed Krishnan Ethirajan to serve as chief operating officer. He will retain his current role as chief operations officer of IronServe Inc., a global operations unit that delivers a range of specialized underwriting, finance and technological support …

Ironshore Taps Berkley Re Property Treaty Execs for Pembroke’s Patria Re Portfolio

Ironshore International’s Pembroke Managing Agency Ltd. has appointed two treaty property leaders to join the Patria Re underwriting team. Nicolas Benardout has been appointed divisional director while Jack Bunting is assistant underwriter for Patria Re’s international property treaty business lines. …

Ironshore International’s M&A and Tax Insurance Unit Opens Frankfurt Office

Ironshore International’s Mergers & Acquisitions and Tax Insurance unit announced it has opened an office in Frankfurt, Germany, through Ironshore Agency Ltd., to expand its European presence. Ironshore M&A and tax specialists underwrite specialty coverages for complex transactional risk throughout …

Ironshore International Names Lewis to Lead Australia Unit

Ironshore International has appointed William Lewis as managing director of Ironshore Australia Pty Ltd. (IAPL) to be based in the Sydney office. Lewis, a private equity attorney, is a specialist in private equity transactions, tax structuring and insurance, advising private …

Ironshore Raises Capacity for M&A Cover, Tax Consortium Launched

Ironshore International’s Mergers & Acquisitions and Tax Insurance unit has enhanced its consortium programs to meet client and broker demand for larger, streamlined limits. Ironshore will increase the capacity for its Mergers & Acquisitions Consortium to £100 million ($129.8 million), …

Ironshore International Hikes Capacity to $400M for Terrorism & Sabotage Cover

Ironshore International has increased capacity for Terrorism & Sabotage programs to US$400 million, an increase from the current U$375 million limit, effective immediately. Ironshore’s Terrorism & Sabotage cover provides insurance protection for clients against damage to commercial and residential property, …

Ironshore Int’l Offers Documents, Services in Mandarin for M&A Unit

Ironshore International said it is now offering insurance documents and services in Mandarin for its Mergers & Acquisitions unit, a move that will help it better market to Chinese companies. The service involves a package of Mandarin-language marketing materials and …

Ironshore International Offers PI & GL Cover for Engineers Based Outside U.S.

Ironshore International has introduced a packaged policy to provide combined professional indemnity and general liability insurance for specialist engineers. Bermuda-headquartered Ironshore said it will underwrite coverage for professional liability, general liability, product liability and employer’s liability under one policy form …

Ironshore International Names Eickstädt as Head of Direct & Facultative Property

Ironshore International has named Dr. Jörg Eickstädt as head of Direct and Facultative Property, effective immediately. He will be responsible for underwriting Ironshore’s direct and facultative portfolio for U.S. and international property risks. Eickstädt will be based in London, reporting …