Reinsurance News
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
18th January 2018
Bermuda domiciled insurance and reinsurance holding company, Ironshore, has announced the appointment of Steve Horton as Chief Executive Officer (CEO) of Iron Starr, and Susan Pateras to Chief Operating Officer (COO), Ironshore Bermuda. In their new positions, both Horton and Pateras will report to Ironshore Bermuda CEO, Mitch Blaser. Blaser, commented; "Steve and ... Read the full article
1st December 2017
Joseph Boren is set to retire from his role as Ironshore President of U.S. field Operations after serving in the role for 6 years. His successor, David Frediani, has been promoted from a role as President of Ironshore International and Head of Regional Distribution. Boren is credited with having elevated industry awareness ... Read the full article
28th November 2017
Ironshore has announced that Toby Smith has been appointed President of Ironshore Environmental, replacing John O'Brien who recently left the company. Smith will report to Shaun Kelly, President and Chief Executive Officer (CEO) of Ironshore's U.S. business, and take responsibility for leading the global environmental unit. Smith helped launch the firm's environmental ... Read the full article
1st November 2017
Ironshore has appointed three executives to underwrite specialty casualty risk in the excess underwriting unit, Iron-Excess, within its U.S. and London markets. Sonny Powers will lead the Iron-Excess Casualty unit in the U.S., while Owen Roddy and Oliver Ross will drive business growth for the Iron-Excess Casualty unit in the London ... Read the full article
27th October 2017
Ironshore Inc. has named executive Kristin D. McMahon, Esq. as its new Head of U.S. Claims, effective immediately. Prior to the appointment, McMahon served as the company's Chief Claims Officer within its specialty healthcare unit, IronHealth, and also recently took on underwriting oversight as President of the unit's liability and regulatory ... Read the full article
