Ironshore International, a subsidiary of Ironshore Inc., announced that its Lloyd’s Pembroke Syndicate has been authorized by the Japanese Financial Services Authority to offer Representations & Warranties coverage through Lloyd’s Japan.
Ironshore said its “M&A unit provides insurance solutions on a global basis for complex multinational corporate transactions. Through its relationship with Lloyd’s Japan, Ironshore’s Pembroke Syndicate will provide up to £25 million [$38 million] in capacity per transaction.”
“M&A insurance on international transactions has increased significantly over the past two years,” stated Robert Brown, Ironshore International’s Global Head of M&A, in speaking from Tokyo to announce the expansion. He added that Ironshore’s position in this specialty market sector would enable it to offer “innovative M&A insurance solutions directly to Japanese clients through Lloyd’s Japan.”
Ironshore International’s M&A suite of insurance products includes “Buyer, Seller, and Tax representations and warranties coverage for transactions worldwide. In addition to M&A product lines, Ironshore’s Pembroke Syndicate provides specialty coverage for Financial Lines, Global Property, High Value Cargo, and other select specialty risks.”
Source: Ironshore International
Topics Excess Surplus New Markets Lloyd's
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