Ironshore Updates Public Entity Coverage, Increases Capacity

December 16, 2010

Ironshore Specialty Casualty, a unit of Ironshore Inc., has announced additional capacity for its Public Entity product. Effective immediately, the available limits offered by Ironshore Specialty Casualty will increase from $10 million to $25 million.

The capacity may be deployed on a retained limit, excess or reinsurance of public entity pool or captive basis.

Ironshore also is introducing a new, proprietary Public Entity policy. In addition to being fully-integrated coverage, the form has been updated to include expanded definitions of insured, incidental medical malpractice and third-party (non-employment) Discrimination. The new Public Entity policy, written on an occurrence basis, incorporates several additional enhancements.

“Since Ironshore’s public entity product and services were introduced over a year ago, the demand for broad insurance protection in response to heightened litigation has grown significantly,” said Susan Kostro, senior vice president, Ironshore Specialty Casualty.

Ironshore’s new public entity retained limit form combines general liability, automobile liability, law enforcement activities, public entity errors & omissions, employment practices liability, and employee benefit liability coverage in a clear and uncomplicated manner.

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