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
Was this article valuable?
Here are more articles you may enjoy.
Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB 
Capital One to Pay $425 Million to Settle Claims Over Savings Accounts 
Bayer Seeks Roundup Settlement, Explores Monsanto Bankruptcy: Reports 
No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best 
