Ironshore Inc. announced recently that it will boost coverage for selected U.S. casualty lines to $50 million, raising capacity from current limits of $25 million
Effective Jan. 1, 2014, the higher limits will be available in the United States for Specialty Casualty, Ironshore Environmental, IronPro, the professional and management liability unit, IronHealth, the specialty healthcare unit, and Iron-Starr Excess Agency Limited.
In a statement, Kevin H. Kelley, Chief Executive Officer of Ironshore, referred to “market confidence” in Ironshore’s ability to build upon its remarkable growth “by meeting greater coverage demand.” He also noted a recent A.M. Best upgrade to A (Excellent), which he said, “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.”
Source: Ironshore



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