Hamilton Re subscribes to Iron-Starr
Hamilton Re will provide capacity to Iron-Starr Excess Agency allowing it to offer increased capacity for its insurance products across casualty, financial lines and healthcare.
Bermuda-based Iron-Starr currently underwrites on behalf of Ironshore Insurance and Starr Insurance & Reinsurance.
Iron-Starr said that the addition of Hamilton Re strengthens its capabilities and creates a larger pool of excess capacity available to current and potential clients.
Kevin Kelley, Ironshore chief executive officer (CEO), said: “Ironshore is pleased to announce that Hamilton Re joins Iron-Starr as a premier underwriting partner. Hamilton Re has quickly assembled a cadre of talented and well-respected insurance industry leaders and we look forward to a successful partnership as we develop innovative insurance programmes for our mutual clients.”
Mitch Blaser, Iron-Starr CEO, added: “This partnership is a positive step for both the Iron-Starr agency and for the Bermuda market overall as we further advance the concept of syndication of risk. Iron-Starr can now provide additional market capacity, through a single access point, to strongly rated and well-respected insurance carriers.”
Kathleen Reardon, Hamilton Re CEO, said: “We are pleased to join Ironshore in this new venture, which dovetails nicely with our plans for growth and development. Iron-Starr’s established book of business, seasoned team of underwriters and first-class claims operation provide a sound business case for our access to direct business. We are looking forward to the opportunities presented by this partnership.”
Editor's picks
Editor's picks
More articles
Intelligent Insurer
Newton Media Ltd
Kingfisher House
21-23 Elmfield Road
BR1 1LT
United Kingdom