Ironshore Increases Capacity for Select U.S. Specialty Lines

Ironshore Inc. will be providing coverage of up to $50 million for selected U.S. casualty lines, as of January 1, 2014. Increased capacity, up from the current limits of $25 million, will be available in the U.S. for Specialty Casualty, Ironshore Environmental, IronPro, the professional and management liability unit, IronHealth, the specialty healthcare unit, and Iron-Starr Excess Agency Limited.

According to Kevin H. Kelley, chief executive officer of Ironshore, the company’s recent upgrade to A (Excellent) by A.M. Best established a solid foundation to add another layer of cover to existing facilities for meeting the protection needs of insureds and brokers in U.S. specialty lines of business.

Ironshore provides broker-sourced specialty property and casualty insurance coverages for varying risks on a global basis through its multiple international platforms.

Topics USA Excess Surplus