Ironshore appoints specialty executives in US, London Market
Ironshore said on Oct. 30 that it appointed three executives to underwrite specialty casualty risk in the US and the London Market.
Iron-Excess, the excess underwriting unit of Ironshore Insurance Services formed in September 2017, has named Sonny Powers to lead the Iron-Excess Casualty unit in the US. Owen Roddy and Oliver Ross will drive business growth for the Iron-Excess Casualty unit in the London Market. They will report to Steve Horton, head of Iron-Excess.
Powers has more than thirteen years of underwriting experience in casualty business lines for a range of industry sectors, including transportation, product liability, and general casualty. He joined the Ironshore Specialty Casualty unit at its inception in 2009. Powers has served in various management and production roles, overseeing product development and distribution strategies to support portfolio growth. Previously, he was an underwriter for casualty and professional liability risks with Lexington Insurance Company.
Roddy served with Ironshore Specialty Casualty in the US for two years and was later transferred to Ironshore’s London operation in 2014 to broaden market reach for London- brokered US casualty business. He previously was an underwriter for casualty and professional liability lines with Lexington Insurance Company for five years.
Ross joined the US casualty team in the London office in 2013, after serving as a US casualty broker for Price Forbes & Partners since 2006.
“These appointments reflect management’s commitment to building out the agency model in both the US and London markets,” stated Horton. “The Iron-Excess platform will provide meaningful capacity through dedicated teams in each jurisdiction. These hires represent the initial build out of the platform, with other product lines to be announced.”
Iron-Excess was established as an underwriting platform business to offer clients and brokers access to significant capacity through Ironshore, as well as third-party insurance partners. Iron-Excess provides capacity to new and existing Ironshore and Liberty Mutual Insurance clients in the US and London markets.
Ironshore is a Liberty Mutual Company, providing broker-sourced specialty property and casualty insurance coverages. Select specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000.
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