Ironshore Int’l Offers Documents, Services in Mandarin for M&A Unit

Ironshore International said it is now offering insurance documents and services in Mandarin for its Mergers & Acquisitions unit, a move that will help it better market to Chinese companies.

The service involves a package of Mandarin-language marketing materials and policy forms designed to market to Chinese company the value of insurance coverage for in-country and cross-border merger and acquisition transactions, Ironshore said.

As well, Ironshore’s dedicated M&A team of underwriters in London, Shanghai, Hong Kong, Singapore and the broader Pacific region has dual language professional proficiency in English and Mandarin, the insurer said.

Ironshore’s M&A arm offers custom insurance protection globally for complex transactions, including Representations and Warranties, Warranty and Indemnity and Tax Liability coverages. All, as well as related services, are designed to protect against a variety of buyer and seller transactional risks.

Last year, the investment arm of Chinese mega-conglomerate Fosun International snatched up the remaining 80 percent of Ironshore that it did not already own, in what was valued as a $1.84 billion merger.

Source: Ironshore

This article first appeared in Insurance Journal’s sister publication, Carrier Management.

Topics Mergers & Acquisitions China