Ironshore Creates Global Energy Property Unit

August 3, 2009

Ironshore Inc. has established a dedicated Global Energy Property business, as an extension of its Global Property division. Ironshore will underwrite comprehensive coverages on commercial risks across virtually all classes within the specialty Energy sector.

Ironshore, since its inception more than two years ago, has been providing Energy Property coverage to diverse commercial clients worldwide through its Bermuda platform. In announcing the dedication of a Global Energy Unit, Kevin Kelley, CEO of Ironshore, noted that the initiative reflects the company’s focus on building its business through growth opportunities within core specialty market sectors.

Ironshore will provide up to $10 million in capacity targeted to primary and lower buffer layers. This unit will underwrite all traditional energy and technical classes of business including but not limited to Pulp/Paper, Basic Metals and Glass.

Source: Ironshore

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