corporate overview - energy insurance, property, …insurance products and services. liberty has...
TRANSCRIPT
Ironshore provides broker-sourced specialty commercial property and casualty coverages for varying risks located throughout the world. With more than 30 offices around the globe – including Ironshore’s Lloyd’s Pembroke Syndicate 4000 in London – Ironshore is prepared to meet clients’ complex needs promptly, with local service on a global basis and in-depth underwriting experience across a broad spectrum of industries.
Ironshore’s acquisition by Liberty Mutual and merger with Liberty International Underwriters (LIU) U.S. in 2017 enables us to bring even greater scale, expertise, innovation and product offerings to market. As a combined operation with approximately $2.9 billion in gross written premium, brokers now have access to a top-tier global insurer with greater capacity and product lines for a wide range of risks.
Boston-based Liberty Mutual is a diversified insurer in business since 1912, offering a wide range of personal and commercial insurance products and services. Liberty has $125.6 billion in assets and ranks 75th on the Fortune 100 list of largest corporations in the U.S. based on 2016 revenue. As of December 31, 2016, Liberty Mutual had $38.3 billion in annual consolidated revenue, with ‘A’ ratings from both A.M. Best and Standard & Poor’s.
CORPORATE OVERVIEW
- Kevin H. Kelley, CEO, Ironshore Inc.
Even as we expand globally our company will always be accessible and responsive. We built our company for the future and the future is now.
Ironshore’s international platforms operate locally in Australia, Bermuda, Canada, China, Germany, Hong Kong, Ireland, Japan, the Netherlands, Singapore, Switzerland, the United Arab Emirates and the United Kingdom. Ironshore also has the capability to write business throughout Latin America and the Caribbean.
Ironshore International and its subsidiaries, Pembroke Managing Agency and Ironshore Europe DAC, are structured to maximise the benefits for our brokers and clients. Our Pembroke Syndicate 4000 at Lloyd’s of London, founded in 2004, enables us to leverage the strength of Lloyd’s with our specialist underwriting expertise. Ironshore Europe DAC is domiciled in Dublin and was founded in 2010 to provide Ironshore International with a European operating platform. Our model gives us the flexibility to write business on both Lloyd’s and company paper so we can customise the best solutions and programmes for our clients.
Ironshore designed a highly efficient system to address and process claims. Our claims and underwriting departments work together, so when timing is critical, you’re not working with an unfamiliar claims representative—you’re working with experts who know your policy. Our personalised approach enables us to understand and respond to our clients’ needs regarding claims management and fair resolution. It also saves time, provides the best possible protection and is the difference between a mere insurance provider and a true insurance partner. Our unique claims structure guarantees that you will always be working with the right decision makers—no matter how diverse your product portfolio. At Ironshore, the people who make the promises keep the promises.
INTERNATIONAL
LIABILITY
Professional Lines
• Directors & Officers Liability• Medical Malpractice• Professional Indemnity
Financial Institutions
• Crime (Including Computer/Cyber Crime)• Professional Liability • Directors & Officers Liability• Employment Practices Liability • Fiduciary Liability• Public Offering of Securities Liability• General Specie (Vault Risk)
Casualty
• Excess Liability• Excess Employers Liability• Excess Public and Products Liability
• Excess Construction Liability for both Annual and Project Specific Exposures
• Employers Liability, Public and Products Liability
Mergers & Acquisitions and Tax
• Reps & Warranties/Warranty & Indemnity• Tax Liability Insurance• M&A Contingent Risk
Surety
• Contract• Commercial
INTERNATIONAL PRODUCT SPECIALTIES
ACCIDENT AND HEALTH
Personal Accident
• Personal Accident Products• Disability Products• Sports Products• Reinsurance Products
Kidnap & Ransom
MARINE
War & Terrorism
• Including Political Violence and War on Land• Property, Marine War, Aviation War
Marine Cargo
• Project Cargo Consequential Loss• Stock Throughput• General Cargo• Storage• Satellite Pre-Launch
Marine & Energy Liability
• Protection & Indemnity• Marine Liability• Energy Liability (Offshore)• Marine Pollution Liability
Fine Art & Specie
• Fine Art• Classic and Specialist Cars• General Specie; Excess SIPC
Luxury Yachts
• Luxury and Mega Yachts• Custom and Semi-Custom Sport Fishing Boats• Luxury Sailboats
Marine Reinsurance
• Commercial Brown Water and Pleasure Craft Hull, Cargo and Liability
• Inland Marine• Offshore Energy
INTERNATIONAL PROPERTY
Property
All trades including:• General Commercial Property • Real Estate• Construction• Manufacturing• Bespoke Delegated Underwriting Authority
Energy
• Onshore• All classes within Specialty Energy,
including Mining, Pulp & Paper, Chemicals and Refineries
• Offshore• Property damage for fixed platforms• Hull & Machinery for mobile drilling rigs• Operators Extra Expense• Construction All Risks
SHORT-TAIL SPECIALTY
Agriculture
• Reinsurance programs specifically covering crop (MPCI, named perils, revenue), livestock, forestry, aquaculture and index products
Contaminated Product Insurance and Product Recall
• Food and beverage manufacturers, processors, contract manufacturers (co-packers), wholesale and retail companies
• Restaurant trade• White, brown goods, consumer goods, non-safety
critical auto and other non-industrial equipment (on a case-by-case basis)
Select Specialist Lines
• Contingency• Nuclear
Political Risks & Trade Credit
• Confiscation, Expropriation, Nationalisation and Deprivation (CEND)
• Structured Trade Credit• Contract Frustration
Ironshore operates in every major region worldwide.
ASIA PACIFIC
Hui Yun Boo+65 6320 [email protected]
HONG KONGMelody Qian+852 3975 [email protected]
SHANGHAITracy Ma+86 21 6162 [email protected]
SINGAPOREHui Yun Boo+65 6320 [email protected]
SYDNEYWilliam Lewis+61 2 9258 [email protected]
TOKYOSteven Harwood+81 3 5656 [email protected]
MIDDLE EAST
David Austin+971 4 327 [email protected]
UNITED STATES
David Frediani+1 646 826 [email protected]
EUROPE
COLOGNERonan Gerety+49 221 650 136 [email protected]
DUBLINFiona Marry+353 1 232 [email protected]
FRANKFURTMarkus Messinger+49 69 427 260 [email protected]
LONDONDavid White+44 20 7337 [email protected]
ROTTERDAMBart Breuk+31 10 261 [email protected]
ZURICHMarkus Hefel+41 43 488 36 [email protected]
CANADA
Dane Hambrook+1 416 216 [email protected]
LATIN AMERICA
Pepe Marquez+1 786 216 [email protected]
REGIONAL CONTACTS
Mark WheelerCEO, International +44 20 7337 [email protected]
David Frediani President +1 646 826 [email protected]
Tim Glover Chief Underwriting Officer+44 20 7337 [email protected]
Chris BrownStrategic Partnership Director +44 20 7337 [email protected]
Pembroke Managing Agency (Lloyd’s Syndicate 4000)Level 38 Fenchurch PlaceLondon, UK EC3M 4AJGeneral Office Number:+44 20 7337 4400
Ironshore Europe DAC2 Shelbourne Buildings, Shelbourne RoadBallsbridgeDublin 4, IrelandGeneral Office Number:+353 1 232 1900
www.ironshore.com
INTERNATIONAL CONTACTS
About Ironshore
Ironshore, a Liberty Mutual Company, provides broker-sourced specialty property and casualty insurance coverages for varying risks located throughout the world. Select specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000. The Ironshore group of companies is rated A (Excellent) by A.M. Best with a Financial Size Category of Class XIV and A (Stable) by Standard & Poor’s. Pembroke Syndicate 4000 operates within Lloyd’s where the market rating is A (Excellent) by A.M. Best, AA- (Very Strong) by Fitch, and A+ (Strong) by Standard & Poor’s. For more information, please visit: www.ironshore.com.
The information contained herein is for general informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product or service. Any description set forth herein does not include all policy terms, conditions and exclusions. Bound insurance policies, rather than summaries thereof, govern. Not all insurance coverages or products are available in all states or regions and policy terms may vary based on individual state or region requirements. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers.
10/17