Bermuda-based Hamilton Re, the property casualty reinsurer of Hamilton Insurance Group, has announced the formation of an agency agreement with Iron-Starr Excess Agency Ltd., the managing general agency that underwrites on behalf of Ironshore Insurance Ltd. and Starr Insurance & Reinsurance Limited.
Hamilton Re said the agreement would provide “additional capacity for excess liability products underwritten by Iron-Starr.”
“It’s heartening to embark on a relationship with two companies for whom I have the utmost respect,” said Hamilton Insurance Group CEO Brian Duperreault. “I’ve known C.V. Starr Chairman and CEO, Hank Greenberg, and Ironshore CEO, Kevin Kelley, virtually my entire professional career. Hank and Kevin are among the best in the business, and I’m delighted to be partnering with them on this exciting initiative.”
Hamilton Re CEO Kathleen Reardon commented: “As we continue to develop Hamilton Re’s global platform, alliances such as the one we’ve established with Ironshore and Starr will further enhance our ability to provide our clients with innovative risk solutions. We’re very pleased to be working with the world class management and underwriting teams at these two highly regarded insurance carriers.”
Source: Hamilton Insurance Group/Hamilton Re
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