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 specialty lines of business on behalf of Ironshore Insurance Ltd., Starr Insurance & Reinsurance Ltd. and Hamilton Re Ltd.
“Antares is a significant new partner for the Iron-Starr Agency and further bolsters the availability of syndicated capacity. This partnership enhances our ability to offer deeper market solutions and capacity to our clients,” stated Kevin H. Kelley, chief executive officer of Ironshore.
Iron-Starr was founded in 2009 to deliver syndicated capacity to clients for excess liability products through a single access point in the Bermuda jurisdiction, which is recognized as a central market for purchasing such insurance programs, said the company in a statement.
Iron-Starr’s specialty product lines include excess casualty, financial lines and healthcare.
Mitch Blaser, Iron-Starr’s chief executive officer, noted that “the addition of Antares strengthens underwriting team capabilities and reinforces our industry position in providing diversified capacity to clients in a responsive, streamlined manner.”
Source: Ironshore
Topics Mergers & Acquisitions Excess Surplus Insurance Wholesale Lloyd's
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