26 March 2014 Insurance

Ironshore increases energy capacity to $25m

Insurer Ironshore Energy Property has increased its capacity to $25 million for energy risks throughout its global platform. The company said the move was in response to the rapidly expanding energy sector.

This increase in capacity is available across all classes within the energy sector, including refineries, petrochemical plants, chemical plants, gas plants, pipelines, terminals, mining risks, alternative energy, power utilities, basic metal, and pulp and paper facilities.

Nigel Jobson, head of Global Energy Property, said: “In response to a rapidly expanding energy sector and Ironshore’s increased commitment to the sector through the recent formation of its Energy Practice Group, Ironshore is pleased to announce an increase in energy sector product capacity.

“This capacity increase reflects our growth over the last five years, which has given us a competitive advantage in the marketplace and the ability to respond to the progressive needs of valued customers and brokers. Our capacity increase also is supported by Ironshore’s professional team of experts, recognised for its understanding of and ability to assess complex risk exposures within the sector; the team is always looking for opportunities to support our customers and brokers.”

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk