September 25, 2016 4:34 PM ET

Insurance

Company Overview of Ironshore Inc.

Company Overview

Ironshore Inc., along with its subsidiaries, provides various commercial property and casualty insurance products in the United States, Bermuda, and internationally. It offers professional and management liability, property, healthcare liability, environmental, specialty casualty and construction, aviation, and political risk and surety insurance products; and financial institutions liability, professional indemnity, media and technology, marine, political risk, war and terrorism, personal accident, and property insurance products, as well as reinsurance products. The company also provides coverage for various commercial risks in the general commercial property, real estate, hospitality, mun...

141 Front Street

Hamilton,  HM19

Bermuda

Founded in 2006

810 Employees

Phone:

441-279-8200

Key Executives for Ironshore Inc.

Chairman and Chief Executive Officer
Age: 65
President, Director and Chief Executive of US Operations
Age: 53
Chief Financial Officer and Principal Accounting Officer
Age: 45
Chief Operating Officer, Director, Chief Executive Officer of Ironshore Bermuda, Chief Executive Officer of Iron-Starr Excess Agency Ltd and Chief Executive Officer of Ironshore Insurance
Age: 65
Chief Executive Officer of International
Age: 50
Compensation as of Fiscal Year 2016.

Ironshore Inc. Key Developments

Ironshore Inc. Announces Executive Changes

Ironshore Inc. has named Andrew M. Stephens as Branch Executive of San Francisco for the West region, effective immediately. He will be responsible for distribution marketing and product development of commercial lines for U.S. Field Operations in the area, reporting to Adam J. Witten, West Regional Executive based in Los Angeles. Mr. Stephens joins Ironshore from Aon Benfield, where he was Director for U.S. west coast production, marketing and client relationship management. In addition to Branch Executive duties, he will also take on additional responsibilities within the Ironshore Property unit, reporting into Kevin Holmes. Mr. Stephens assumes branch leadership responsibilities from Jeremy Frumkin, who will return to IronPro, the professional lines unit of Ironshore. He will lead the Miscellaneous Professional Liability/Cyber product initiative for the West Region, while also providing a seamless transition for Mr. Stephens into the Branch Executive role. Ironshore's West Region spans northwest and west coast states with offices located in Los Anseles, San Francisco, Denver and Seattle.

Ironshore Inc. Reports Earnings Results for the First Quarter Ended March 31, 2016

Ironshore Inc. reported earnings results for the first quarter ended March 31, 2016. For the period, the company reported on non GAAP basis net operating income was USD 45,547,000 compared to USD 43,832,000 a year ago. Net operating income per diluted share was USD 0.32 compared to USD 0.31 a year ago. Operating return on average shareholders equity was 9.0% against 9.4% reported last year. Diluted book value per ordinary share at March 31, 2016 was USD 14.66 against USD 13.98 per share reported on December 31, 2015.

Ironshore International Appoints Jorg Eickstadt as Head of Direct and Facultative Property

Ironshore International has named Dr. Jorg Eickstadt as Head of Direct and Facultative Property, effective immediately. He will be responsible for underwriting company direct and facultative portfolio for U.S. and international property risks. Dr. Eickstadt will be based in London, reporting to Nick Wills, Senior Vice President, Global Property, Bermuda. Dr. Eickstadt joins Ironshore from Zurich Insurance Company in London where he was Head of International Property for Global Corporate (UK). Most recently, he held senior underwriter and team leadership positions with Corporate Insurance Partner, the D&F unit of Munich Re in Munich, and the Multinational & Facultative Division of Hannover Re in Germany.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
April 10, 2016
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