Ironshore News

Liberty Mutual: Ironshore to Become Wholesale-Exclusive Brand

Liberty Mutual said it has repositioned its distribution strategy for specialty and excess & surplus products, making Ironshore a wholesale-exclusive brand. Going forward, all U.S. commercial, specialty and E&S products placed by retail brokers will be under the Liberty Mutual …

People Moves: Pancoast Moves to Ironshore E&S; PwC’s Coggins Leads Actuaries; McLean Joins Lockton from Willis

Pancoast to Head Ironshore’s E&S Primary Casualty Adam Pancoast has been named to lead the excess and surplus Primary Casualty business of Ironshore, a Liberty Mutual company. As national manager, E&S Casualty, Pancoast, who is based in Atlanta, is responsible …

Ironshore Expands, Realigns Its Wholesale Distribution with Branch Managers

Ironshore, the Liberty Mutual specialty insurance company, has expanded and realigned its wholesale distribution platform with local offices headed by branch managers. The company believes the new arrangement will better meet the needs of the wholesale brokerage market. The company …

Court Rules Events After Email Instruction Don’t Erase Claim for Phishing Loss

A $1.7 million email phishing fraud that included phone calls with a fake lawyer and an intervention by a Wells Fargo fraud investigator is still a fraud and Ironshore Indemnity is liable for the claim, a split panel with the …

Former Ironshore, Lexington CEO Kelley to Retire at Year’s End from Liberty Mutual

Liberty Mutual Insurance today announced that long-time industry leader Kevin H. Kelley, vice chairman, Global Risk Solutions, will retire at the end of this year. In 2017, Kelley joined Liberty Mutual following the company’s acquisition of Ironshore Inc., where he …

Liberty Mutual Names Hovenagle Wholesale Distribution Executive West

Tara Houvenagle has been named wholesale distribution executive for the West at Liberty Mutual Insurance. She is based in St. Louis. The wholesale distribution team – in close collaboration with Liberty and Ironshore’s wholesale underwriting units – is focused on …

Ironshore Names Hartley U.S. Program Business Leader; Appoints Sharis Director

Ironshore Specialty Casualty has announced executive appointments to oversee the Programs business unit in the U.S. Casey Hartley has been named senior vice president, head of Programs. Hartley will oversee the development, marketing and distribution of programs lines, working with …

Liberty Mutual’s Q2 Profit Jumps on Life Unit Sale, Lower Catastrophe Costs

The sale of a life insurance unit and an easing of catastrophe costs boosted Liberty Mutual Holding Co.’s net income for the second quarter to $981 million, well above the $126 million it saw in the same quarter last year. …

Ironshore Enhances Designers, Contractors PL Coverage

Ironshore’s Construction Industry group, in conjunction with Ironshore Specialty Casualty, has enhanced its coverage for designers and contractors. The specialty program offers contractors pollution liability on an occurrence basis within its combination policy covering contractors liability, contractors pollution liability and …

Pembroke Managing Agency Gets Nod to Manage Lloyd’s Syndicate for India’s GIC Re

Pembroke Managing Agency Ltd., the London-based subsidiary of Ironshore, has been granted approval by Lloyd’s to establish and manage a syndicate for India’s GIC Re. GIC Syndicate 1947 has been granted permission to underwrite business, attaching on or after April …