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Reinsurance News
22nd May 2020
Ironshore, a Liberty Mutual company, has announced that its Ironshore Environmental's Contractors' Environmental Legal Liability (CELL) policy can now include Professional Liability for certain contractor classes. The company's CELL solution responds to third-party bodily injury, property damage and remediation of environmental damages driven by pollution incidents caused by the contractor's work ... Read the full article
14th February 2020
Ironshore, the Bermuda-domiciled holding company and Liberty Mutual subsidiary, has announced the realignment of its wholesale distribution platform. Going forward, the company will have dedicated wholesale underwriting resources in the US for its core specialty businesses of property, casualty, environmental, health and professional lines, as well as additional regional distribution resources. The ... Read the full article
1st November 2019
Bermuda-domiciled holding company Ironshore has announced the appointment of Thomas F. Leahy, Jr as president of IronPro, its professional and management liability division. Effective November 1, Leahy will be responsible for overseeing all aspects of marketing, underwriting and distribution of IronPro professional and management liability lines to retail and wholesale markets. He ... Read the full article
12th September 2019
The environmental re/insurance unit of Bermuda-domiciled holding company Ironshore has announced the introduction of IronResponse, a smartphone app that enables real-time access to claims professionals following an environmental incident. The app includes tools such as incident history, assistance with required regulatory reporting and communication with Ironshore’s panel of environmental consultants and ... Read the full article
8th July 2019
Liberty Specialty Markets, a division of Liberty Mutual Insurance Group, has announced two senior promotions within its Bermuda operation. Steven Beadle has been named Chief Financial Officer, while Chen Foley becomes Head of Bermuda Claims. Both promotions take place with immediate effect and follow last year’s integration of the company’s Ironshore ... Read the full article
18th March 2019
Liberty Mutual has said that its decision to sell Pembroke Managing Agency Limited and Ironshore Europe DAC (IEDAC) to Hamilton Insurance Group, Ltd. will remove business overlap resulting from its 2017 acquisition of Ironshore. The transaction, which was announced on March 14, will see Hamilton take over the Pembroke platform ... Read the full article
13th February 2019
Ironshore Environmental, the environmental re/insurance unit of Bermuda-domiciled holding company Ironshore Inc., has announced that it has made its stand-alone storage tank policy accessible to brokers through an online Quote & Bind Portal. The policy addresses first and third-party liability in response to releases from an array of underground and aboveground ... Read the full article
4th February 2019
Ironshore Specialty Casualty has announced the appointment of Casey Hartley as Senior Vice President, Head of Programs, as well as Tracey Sharis, Senior Vice President, who becomes Director of Programs. Hartley will oversee the development, marketing and distribution of programs lines, working with programs administrators across Ironshore’s underwriting platforms in the ... Read the full article
7th December 2018
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has revealed that it plans to integrate its Ironshore Bermuda operations and brands into a single business called Liberty Specialty Markets Bermuda. The Bermuda-based operations comprise Ironshore Bermuda, which was formed in 2007 and writes property, energy and specialty re/insurance, and ... Read the full article
12th July 2018
Ironshore Insurance Services LLC has formed an energy equipment facility offering property and inland marine insurance coverage for on-shore middle market classes of business in the U.S. Ironshore’s Syndicated Risk Services (SRS) will underwrite the middle market sector risk on behalf of four Lloyd’s of London subscribing partners. SRS will provide up ... Read the full article
10th July 2018
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance (LMI), is to take on Ironshore’s European non-M&A business and staff as the firm continues its expansion efforts on the continent. LMI had previously acquired the global specialty insurer in 2017 for a reported $2.935 billion. The move will see Ironshore’s locally ... Read the full article
15th June 2018
Ironshore has announced the appointment of James R. Swan as Head of Mergers & Acquisitions (M&A) Insurance Americas, in addition to adding several new members to the New York based team. Valentine Han, Scott G. Pegram, Victoria Rosales and Hilary Weiss will all join M&A production specialist Cristina Merry del Val ... Read the full article
16th May 2018
Ironshore has appointed Lainie R. Dorneker as President of IronHealth, the company’s healthcare professional liability unit. She succeeds outgoing IronHealth President Matthew Dolan, who was recently named President of Ironshore U.S Operations. Dorneker joined Ironshore in 2009, and most recently served the company as Chief Operating Officer (COO) of IronHealth, where she ... Read the full article
9th March 2018
Ironshore has expanded its Iron-Starr Excess Agency (Iron-Starr) partnership with Oil Casualty Insurance (OCIL) to include underwriting property lines. The broadened relationship with OCIL will enable Iron-Starr to grow syndicated capacity for commercial property risks, including natural catastrophe perils within the Bermuda market. Ian Smith, Ironshore Senior Vice President and Head of ... Read the full article
13th February 2018
Ironshore Inc. has announced the appointment of David Russo from AIG as Vice President (VP), Regional Executive of the Mid-Atlantic Region, based in Philadelphia. Russo takes over from Kevin Fee, who was recently named Chief Operating Officer (COO) of Ironshore Environmental, and will report to David Frediani, President of the firm's U.S. Field ... Read the full article
