Ironshore News

Ironshore Appoints Nariño to Head Latin American Surety Lines Out of Miami

Ironshore Inc. announces that Adriana Nariño has joined as head of Surety for the Latin American Group, expanding capabilities for this specialty sector within the region. Narińo has more than 20 years’ experience in underwriting surety coverages for global insurance …

Ironshore’s Pembroke Agency Expands UK Financial Institutions’ D&O Cover

Ironshore’s Pembroke Managing Agency Ltd. has enhanced its directors & officers liability product for financial institutions to reflect U.K. regulation. The new regulation, known as the “Senior Managers Regime,” places greater personal accountability on senior managers of U.K. financial institutions, …

Antares Lloyd’s Syndicate Partners with Iron-Starr, Ironshore’s Bermuda MGA

Ironshore Inc. announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Bermuda-based Iron-Starr Excess Agency Ltd. Iron-Starr is a managing general agency (MGA), which underwrites specialty lines of business on behalf of Ironshore Insurance Ltd., …

Ironshore International Buys Sydney-Based Savannah Insurance Agency

Ironshore International has acquired the Savannah Insurance Agency of Sydney, Australia, effective immediately. The Savannah Agency team of underwriters will join Ironshore Australia offices, broadening its regional presence by offering select specialty business lines. Katherine Simmonds, managing director of Ironshore …

China’s Fosun Weighs IPO for Ironshore, Just 4 Months After Acquiring Insurer

Fosun International Ltd., the Chinese conglomerate led by billionaire Chairman Guo Guangchang, is weighing a possible initial public offering for Ironshore Inc., just months after acquiring the insurer. Fosun may also pursue a sale of Bermuda-based Ironshore, according to a …

Ironshore Environmental Expands Spill Coverage to Real Estate Segment

Ironshore Environmental is expanding its industry SPILLS program to the real estate sector, offering blanket coverage for all owned and leased residential and commercial properties without the need to schedule properties. The policy includes comprehensive coverage for remediation expenses, emergency response expenses, bodily …

IronPro Enhances Cyber, Tech Products in Canada

IronPro, Ironshore’s financial and professional lines unit, is introducing a suite of enhanced cyber and Technology E&O products customized for the Canadian marketplace. IronPro’s cyber and tech products will also provide eligible Ironshore Highly Protected Information (HPI) policyholders with cyber …

Ironshore Names Alexander Head of Global Property Programs, Based in London

Ironshore Inc. has announced that Melanie Alexander will serve as head of Global Property Programs, overseeing the London-based property facility business. She will report to Tony Mammolite, president of Global Property. Alexander has been underwriting on behalf of various syndicates at …

Ironshore Bolsters War & Terrorism Offering in Asia Pacific with Hill Appointment

Ironshore International announces that James W. Hill has been named underwriting manager of Terrorism, Political Violence and War for the Asia Pacific region. Hill, who joins Ironshore from Willis Ltd., will be based in Ironshore’s Singapore office, reporting to Hui …

Ironshore Expands Coverage for Transportation Product Segment

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 …