Latest Ironshore Insurance Headlines
All the headlines from our Ironshore Insurance Topic Page, ordered by recency.
A.M. Best Removes Ironshore from ‘Under Review’ Status
Jun 27 2016 // A.M. Best has changed its mind about Ironshore, removing the Bermuda-based specialty insurer from its status as “under review with negative implications.” A year after initially taking action, the ratings...
Ironshore’s Pembroke Agency Partners with Old Mutual for Africa Risks
Jun 16 2016 // Ironshore’s Pembroke Managing Agency Ltd. has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. Pembroke’s Lloyd’s Syndicate 4000 partners...
Ironshore Names Aggarwal, 4 Others from Allied World to Global M&A Insurance Team for Americas
Jun 14 2016 // Ironshore International has announced its global Mergers & Acquisitions unit will establish an office for transactions in the North and Latin American regions. The Americas team will be led by Navine K. Aggarwal,...
U.S. Treasury Unit Reviews Fosun’s Acquisition of Ironshore
Jun 8 2016 // U.S. authorities are conducting a review of China’s Fosun Group’s acquisition in November 2015 of Bermuda-based insurer Ironshore. The Committee on Foreign Investment in the United States (CFIUS), part of the...
AIG’s Homand Joins Ironshore as Global Property Chief Underwriter
Jun 8 2016 // Ironshore Inc. has named Shawn Homand as chief underwriting officer of Global Property to oversee underwriting responsibilities and global product growth strategies throughout Ironshore’s property...
Ironshore Introduces Political Risk Coverage For Film Producers
Jun 7 2016 // Ironshore International is introducing a specialty insurance product designed to address the risk exposure of film production companies shooting in at-risk locations worldwide. Ironshore’s Political Risk program is...
People – West
Jun 6 2016 // Monarch E&S Insurance Services has opened a second San Diego County, Calif., office, this one in San Marcos, and named new employees to work out of the office. The employees are: Michelle Mitchell, senior...
Ironshore Names Houvenagle Wholesale Branch Executive for West Coast
May 26 2016 // Ironshore Inc. has named Tara Houvenagle wholesale West branch executive for the Western region. Houvenagle, who is based in Ironshore’s St. Louis, Mo. office, will report to Joseph L. Boren, president of U.S. field...
Harrell Joins Ironshore in Chicago from Chubb/ACE USA
May 25 2016 // Ironshore Inc. has added David Harrell in its Specialty Casualty unit as vice president, casualty manager in the Chicago office. He will be responsible for building upon Ironshore’s retail distribution platform of...
Beazley Expands Environmental Team in U.S. with XL Catlin, AIG, Ironshore Hires
May 24 2016 // Specialist insurer Beazley has made several senior hires to expand its environmental liability insurance team in the U.S. The Beazley environmental team now has 20 associates across the U.S., with local underwriting and...
Ironshore Appoints Nariño to Head Latin American Surety Lines Out of Miami
May 5 2016 // 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...
Ironshore Product Recall Coverage for Food Industry Covers Rehabilitation, Loss of Income
Apr 27 2016 // Ironshore Pembroke Managing Agency Ltd. is offering Product Contamination Recall Insurance, focusing on risk exposure within the food and beverage industries. Contamination and subsequent recall occurrences can be...
Ironshore Acquires Remaining Interest in Lexon Surety
Apr 11 2016 // Bermuda-based specialty insurer Ironshore Inc. said it will acquire the remaining 80 percent equity interest in Lexon Surety Group and its surety-related affiliates. Ironshore said it will be an all-cash transaction. Lexon...
Ironshore’s Pembroke Agency Expands UK Financial Institutions’ D&O Cover
Apr 8 2016 // 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...
Antares Lloyd’s Syndicate Partners with Iron-Starr, Ironshore’s Bermuda MGA
Apr 7 2016 // 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...
Ironshore International Buys Sydney-Based Savannah Insurance Agency
Mar 28 2016 // 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...
China’s Fosun Weighs IPO for Ironshore, Just 4 Months After Acquiring Insurer
Mar 23 2016 // 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...
Ironshore Environmental Expands Spill Coverage to Real Estate Segment
Mar 21 2016 // 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...
IronPro Enhances Cyber, Tech Products in Canada
Mar 17 2016 // 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...
Ironshore Names Alexander Head of Global Property Programs, Based in London
Mar 14 2016 // 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...
