ironshore canada · 2017. 1. 16. · ironshore insurance ltd., our bermuda-based underwriting...
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Access Experience. Get Results.
IRONSHORE CANADA
Overview
Ironshore Canada is part of Ironshore International® and began
offering specialty insurance in 2010. Ironshore Canada
offers capacity through Ironshore Insurance Ltd. (Canada
Branch) and through Lloyd’s Syndicate 4000 (managed
by Ironshore’s Pembroke Managing Agency Ltd.). In 2014
Ironshore Insurance Ltd., our Bermuda-based underwriting
company, established a branch office in Canada, reinforcing
our commitment to this important market and expanding
the underwriting capacity available to our customers here.
Our insurance product solutions protect clients’ assets
against risk exposures in Canadian and international markets.
INTERNATIONALIronshore provides broker-sourced specialty commercial property and casualty coverage for risks located throughout the world, with a local presence in Australia, Bermuda, Canada, Dubai, Germany, Hong Kong, Ireland, London, the Netherlands, New Zealand, Shanghai, Singapore, Switzerland, and Tokyo and the capability to write business throughout Latin America and the Caribbean. This complementary structure allows us to leverage the strength of Lloyd’s with our specialist underwriting expertise to provide maximum benefit to our brokers and clients.
CORPORATE OVERVIEWFounded in 2006 with $1 billion in private equity capital, Ironshore’s total capitalization today is $2.31 billion and invested assets and cash are $5.1 billion. Gross Written Premium has grown nearly 7 times since inception.
Ironshore is rated A (Excellent) by A.M. Best with a Financial Size Category of Class XIV. Our Pembroke Syndicate 4000 operates within Lloyd’s, where the market rating is A (Excellent) by A.M. Best and AA- (Very Strong) from Fitch and A+ (Strong) from Standard & Poor’s.
Over the past 10 years, we’ve taken on the industry’s most challenging risks, launched more than 100 new products and have been recognized by Advisen as one of the most innovative companies in the industry six years in a row. A decade ago we built the insurance model of the future. And the future is now.
CANADIAN PRODUCT SPECIALTIES
IRONPRO – MANAGEMENT LIABILITY
• Directors & Officers Liability (Public, Private or Not-for-Profit)
• Employment Practices
• Commercial Crime
• Fiduciary Liability
• Kidnap & Ransom
IRONPRO – PROFESSIONAL LIABILITY
• Architects and Engineers Liability
• Miscellaneous Professional Liability
• Technology E&O
• Cyber Liability
• Lawyers Professional Liability
• Programs: Affinity Groups and Associations
IRONPRO – FINANCIAL INSTITUTIONS
• Directors & Officers | Errors & Omissions Liability
• Private Equity | Venture Capital Liability
• Mutual Fund | Asset Management Liability
• Independent Review Committee Liability
• Crime (including Computer/Cyber Crime)
TRANSACTIONAL LIABILITY (M&A)
• Representations & Warranties Insurance
• Tax Liability
• Litigation Containment
CASUALTY
• Primary, Umbrella and Excess Liability
• Product Runoff
• Claims-made, Occurrence and Integrated Occurrence Forms
• Various industry classes, including:
- Wrap Up Liability
- Manufacturing
- Construction
- Public Entity
- Energy
- Real Estate
ENERGY
• Onshore
• All classes within Specialty Energy, including Mining, Pulp & Paper, Steel, E&P, Midstream
PROPERTY
• Various industry classes, including:
- General Commercial
- Manufacturing
- Construction - CAR / EAR / Civil
- Wood Frame Builder’s Risk
ENVIRONMENTAL
• Contractors Environmental Legal Liability (CELL)
• Site Pollution Incident Legal Liability Select (SPILLS)
- Kevin 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.
POLITICAL RISK & TRADE CREDIT
• Confiscation, Expropriation, Nationalization and Deprivation (CEND)
• Political violence (includes terrorism and war)
• Contract frustration due to political events
• Currency inconvertibility and non-transfer
• Structured Trade Finance Insurance
• Short-Term Single Buyer and Medium-Term Single Buyer Insurance
• Multi-Buyer Insurance
WAR & TERRORISM
• Property, Marine and Aviation
HIGH VALUE CARGO AND PROPERTY
• Fine Art
• Precious Metals
• Classic & Specialist Cars
• Excess CIPF
MARINE
• Project Consequential Loss
• Stock Throughput
• General Cargo
• Storage
Ironshore provides broker-sourced specialty property and casualty coverages for risks located throughout the world. Select specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000. The Ironshore group of insurance companies is rated A (Excellent) by A.M. Best with a Financial Size Category of Class XIV. Syndicate 4000 operates within Lloyd’s where the market rating is A (Excellent) by A.M. Best, AA- (Very Strong) from Fitch and A+ (Strong) from 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.
08/16
Access Experience. Get Results. Your Safe Harbour.®
INTERNATIONAL
CONTACT
IRONSHORE CANADA333 Bay Street
11th Floor, Suite 1120Toronto ON M5H 2R2
Canada(416) 216-2270