2016 U.S. Corporate Overview

Transcription

1 2016 U.S. Corporate Overview

2 WE BUILT OUR COMPANY FOR TOMORROW. THAT S WHY OUR CLIENTS ARE PREPARED TODAY. Ironshore was founded on the principle that it s just as important to anticipate change as it is to protect our clients from the risks that result from it. That s why we designed our company to be different. Our client service model provides access to senior leadership who take the time to understand your business, have the freedom to move quickly and are accountable for every decision they make. It s no wonder that more than half of the Forbes Global 500 trust us for protection. The Ironshore group of insurance companies is rated A u (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, AA- (Very Strong) from Fitch and A+ (Strong) from Standard & Poor s. A.M. Best also recognized us as a top 10 surplus lines carrier in the United States. Ironshore provides broker-sourced specialty commercial property and casualty coverage for global risks located throughout the world, with a local presence operating in 35 offices in Australia, Bermuda, Canada, Dubai, Germany, Hong Kong, Ireland, London, the Netherlands, New Zealand, Shanghai, Singapore, Switzerland, Tokyo, the United States, and the capability to write business throughout Latin America and the Caribbean. Ironshore partnered with Fosun International in 2015, a leading global investment company with more than $58 billion in assets. Fosun has multiple investments across a diverse range of industries, insurance being a core business in their portfolio. Our strategic alliance with Fosun International will help Ironshore continue to focus on Asian investments in the U.S. It also positions us to expand in Asian markets and beyond. Investment from Fosun International assists our management team to continue to expand our innovative product offerings, existing business and strong presence throughout the world. Rest assured, no matter how much we grow, Ironshore s approach to your business will be just as relentless and hands-on as the day we started. 1

3 Our clients are experiencing fundamental changes. Quite frankly, we welcome change and the opportunity to help our clients adjust to it. At Ironshore, our paradigm is designed to be accessible. We tore down the walls between business units so our leaders could share information and ideas easily. At our core, Ironshore is a culture of collaboration. Our global business unit leaders meet regularly to discuss new government regulations, industry trends and market conditions. By sharing information along with input from clients and brokers, our leadership team is better equipped to develop new product ideas across our diverse product lines. Understanding the regulatory environment and challenges affecting our clients is critical to the future of their growth and, ultimately, ours. This proactive philosophy has solidified our position as a leading innovator in the marketplace. In fact, we ve developed a reputation for addressing the industry s most complex risks. It s no wonder Advisen has named us a top industry innovator six years in a row. This integrated approach minimizes our clients overall time investment and ensures a seamless transition throughout the process, from initial policy review to final agreement. It s why a great deal of our business comes from long-term partners in the insurance brokerage community. Ironshore s entrepreneurial approach and commitment to service is unique in our industry. But then again, so is our astounding growth. Even as we continue to expand globally, our leadership team remains just as nimble and responsive as the day we first opened our doors. 2

4 CLAIMS SERVICES At Ironshore, we have an integrated approach to claims. In fact, we include our in-house claims team in the underwriting process. Ultimately, the people who are responsible for the quality of our policies are also responsible for policy service and support, particularly in the event of a claim. While this seamless service model seems fairly obvious, it s unique within the industry. So when it comes to settling a claim, we have an in-depth understanding and expeditious approach to claims management and fair process resolution. Our claims survey process continuously provides important, direct feedback from our brokers and clients on our level of service. This process enables us to make certain that we stand true to our promise and deliver on our pledge of service. It s why we continue to earn industry-leading claims scores year after year, including a 94% approval rating for service from our clients in our most recent Gracechurch survey. After all, isn t that why you buy insurance in the fi rst place? 3

5 PRODUCTS Aircraft Manufacturers Airlines Airports General Aviation Space Insurance AVIATION 4

6 PRODUCTS General Liability Casualty Buffers Lead Umbrella Excess Liability SPECIALTY CASUALTY INDUSTRY SPECIALTIES General Casualty Construction Energy Public Entities (Including Higher Education & Religious Institutions) Transportation Designers & Contractors Professional Liability 5

7 6 HEALTHCARE

8 PRODUCTS Accountable Care Organization (ACO) Liability Adverse Health Survey Reimbursement Benefi t Plan Sponsor Liability Coverage Custom Accounts & Asset Protection Solutions Employer Stop Loss Federally Qualifi ed Health Centers Professional Liability Healthcare Regulatory Compliance Representations and Warranties Insurance Healthcare Regulatory Liability HMO Reinsurance Hospital Professional Liability Integrated Delivery Organization (IDO) Liability IronMed Long Term Care Professional Liability Managed Care Errors & Omissions Liability Medicare Reporting and Secondary Payer Act Liability Medicare Set-Aside Liability Miscellaneous Medical Facilities Professional Liability Pharmaceutical Products & Medical Devices Physicians and Surgeons Professional Liability Provider Excess Insurance 7

9 PRODUCTS Builders Risk Property Energy General Property Personal Lines - High Value Homeowners PROPERTY 8

10 PRODUCTS Bond Types Bid Commercial Environmental Federal SURETY Performance/Payment 9

11 10 ENVIRONMENTAL

12 PRODUCTS Contractors Environmental Legal Liability (CELL) Environmental Protection Insurance Coverage Package (EPIC PAC) Excess Coverage Site Pollution Incident Legal Liability Select (SPILLS): Education Healthcare Hospitality Oil & Gas Real Estate 11 11

13 PRODUCTS Confiscation, Expropriation, Nationalization & Deprivation (CEND) Currency Inconvertibility & Non-Transfer Risk (CI) Failure to Pay Insurance (Trade Credit) War and Political Violence Insurance POLITICAL RISK 12

14 PRODUCTS Casualty Energy Property WAR & TERRORISM 13

15 PRODUCTS Accidental Death and Dismemberment (AD&D) Accidental Medical Expenses Business Travel Accident Disability Products PERSONAL ACCIDENT Permanent Total Disablement for Accident or Sickness (PTD) Professional Sports Products Reinsurance Products Temporary Total Disablement for Accident or Sickness (TTD) Trip Travel War Risk Personal Accident or Hazardous Occupations 14

16 PRODUCTS Corporate Kidnap & Ransom Education Abroad Personal Protection Insurance Private Kidnap & Ransom KIDNAP & RANSOM 15

17 PRODUCTS PROFESSIONAL LINES Directors & Officers AdviserGuard D&O Non-Profit D&O Private D&O Public Employment Practices Excess Fidelity and Crime Fiduciary Liability Kidnap & Ransom Private Equity - General Partnership Liability Insurance Public Officials Side-A Transactional Liability 16

18 Errors & Omissions Architects and Engineers Liability Enterprise PrivaProtector Cyber Insurance Excess Lawyers Professional Liability Miscellaneous Professional Liability TechDefender - MPL, Cyber, Tech E&O and Media 17

19 PRODUCTS Luxury Yacht Coverage Custom and Semi-Custom Sport Fishing Boats Luxury and Mega Yachts Luxury Sailboats Trawlers YACHT Coverage Includes Federal Longshore and Harbor Workers Compensation Act (USL&H) Hull/Machinery Liability (P&I) including Jones Act Coverage for Paid Crew Medical Payments Personal Property Pollution and Marine Environmental Damage Uninsured Boaters 18

20 PRODUCTS Fine Art Risks Specie Risks Classic Cars & Motorsport Musical Instruments High Net Worth Private Jewelry Collections Mining Risks Diamond Processing FINE ART & SPECIE 19

21 20 PROGRAMS

22 PRODUCTS Programs Types (including but not limited to) Alcohol & Substance Abuse Facilities Ammunition Manufacturing Antique & Collectible Automobiles Commercial Contractors Commercial Hull Concrete Pumpers Crane & Rigging Excess Flood Coverage Fine Art Firearm & Manufacturing Fire Suppression/Sprinkler High Value Homeowners High Value Musical Instruments Hospitality & Leisure Hotels, Resorts & Casinos Lessor s Risk Museums Ocean Cargo on Recreational Physicians & Surgeons Post-Surgical for Bariatric & Plastic Surgeons Private Art Collections Professional Liability for Various Classes including Federal Employees Protection & Indemnity Real Estate Exposures Roofing Contractors Shooting Sports Small Commercial Watercraft Small Personal Watercraft Wall & Ceiling Installers 21

23 AT IRONSHORE, THE PEOPLE WHO MAKE THE PROMISES KEEP THE PROMISES 22

24 INDUSTRY PRACTICE GROUPS Ironshore created our Industry Practice Groups to proactively address emerging risk and drive innovation across product lines. Our team is comprised of experienced leaders from various underwriting units who meet regularly to share information and ideas so we can provide our broker-partners and their clients with strategic insights across industry classes including: Construction Energy Financial Institutions Healthcare Personal Lines Real Estate This commitment refl ects Ironshore s focus on developing the most advanced solutions to address evolving risk in today s fast-paced business climate. 23

25 INDUSTRY PRACTICE GROUP PRODUCTS Architects and Engineers Liability Builders Risk Designers & Construction Professional Liability Environmental: Contractors Environmental Legal Liability (CELL) Project Cargo and Marine Delay in Start Up CONSTRUCTION Specialty Casualty Construction Surety Terrorism & Sabotage 24

26 INDUSTRY PRACTICE GROUP PRODUCTS Casualty Environmental Offshore Energy Political Risk Professional Liability ENERGY Property Surety War & Terrorism 25

27 INDUSTRY PRACTICE GROUP PRODUCTS Casualty Crime Cyber Directors and Offi cers Liability FINANCIAL INSTITUTIONS Employment Practices Liability Environmental Liability Fiduciary Liability Fine Art, Specie & Vault Risk Mergers & Acquisitions Insurance Operational Risk Solutions Political Risk/Trade Credit Professional Indemnity Property Terrorism 26

28 INDUSTRY PRACTICE GROUP PRODUCTS Designers & Construction Professional Liability Enterprise PrivaProtector Network Security and Privacy Insurance General Commercial Property Healthcare Regulatory Liability Professional Lines HEALTHCARE Site Pollution Incident Legal Liability Select (SPILLS) Healthcare Terrorism 27

29 INDUSTRY PRACTICE GROUP PRODUCTS HIGH VALUE HOMEOWNERS Coverage A for properties valued in excess of $1M Builders Risk Fine Art Flood (Primary/Excess) PERSONAL LINES Jewelry Collections Liability Protection Personal & Family Security Primary & Secondary Homes Including Coastal Locations Scheduled Personal Property Watercraft 28

30 INDUSTRY PRACTICE GROUP PRODUCTS Architects & Engineers Liability Casualty Environmental Site Pollution Incident Legal Liability Select (SPILLS) Professional Lines Property REAL ESTATE Terrorism & Sabotage 29

31 U.S. REGIONAL EXECUTIVES ATLANTA Scott Fitzmaurice Regional Executive Six Concourse Parkway, Suite 1575 Atlanta, GA Tel: Main Number: CHARLOTTE Jennifer Hicswa Branch Executive Charlotte Plaza 201 South College Street, Suite 1565 Charlotte, NC Tel: Main Number: CLEVELAND Gretchen Dutko Branch Executive 1111 Superior Avenue East, Suite 1330 Cleveland, OH Tel: Main Number: DALLAS Ben Johnson Regional Executive 1700 Pacific Avenue, Suite 1850 Dallas, TX Tel: Main Number: HOUSTON Ron Gleason Regional Executive One Riverway, Suite 1025 Houston, TX Tel: Main Number: BOSTON Eugene McDonough Regional Executive 75 Federal Street, Suite 500 Boston, MA Tel: Main Number: CHICAGO Christopher Johnston Regional Executive 300 South Wacker Drive, 7th Floor Chicago, IL Tel: Main Number: CONNECTICUT 175 Powder Forest Drive Weatogue, CT Main Number: DENVER Christian Haucke Branch Executive 5105 DTC Parkway, Suite 312 Greenwood Village, CO Tel: LOS ANGELES Adam Witten Regional Executive 600 Wilshire Boulevard, Suite 1600 Los Angeles, CA Tel: Main Number:

32 MIAMI Daniel Klask Branch Executive 1001 Brickell Bay Drive, Suite 2208 Miami, FL Tel: Main Number: NEW YORK Aileen Marchese Regional Executive One State Street Plaza, 8th Floor New York, NY Tel: Main Number: SAN FRANCISCO Jeremy Frumkin Regional Executive Three Embarcadero Center, Suite 1480 San Francisco, CA Tel: Main Number: HEAD OF REGIONAL DISTRIBUTION Joe Boren EVP of Ironshore Insurance Services, LLC and President of U.S. Field Operations One State Street Plaza, 8th Floor New York, NY Tel: Main Number: NEW ORLEANS Vanessa Phillips Branch Executive 400 Poydras Street, Suite 2325 New Orleans, LA Tel: Main Number: PHILADELPHIA Kevin Fee Regional Executive 50 South 16th Street, Suite 3410 Philadelphia, PA Tel: Main Number: PITTSBURGH Emily Merola Branch Executive PO Box 6303 Pittsburgh, PA Tel: SEATTLE Daniel Sonon Branch Executive 617 NW 40th Street Seattle, WA Tel: TAMPA James Bishop Product Line Manager 970 Lake Carillon Drive, Suite 300 St. Petersburg, FL Tel: IRONSHORE RISK AGENCY NATIONAL WHOLESALE DISTRIBUTION BOSTON 75 Federal Street, Suite 500 Boston, MA Main Number: Steve Harvey Branch Manager, East Coast Wholesale Tel: ST. LOUIS 101 South Hanley, Suite 750 St. Louis, MO Main Number: Rick Wood Vice President Branch Manager, West Coast Wholesale Tel:

33 Even as we expand globally our company will always be accessible and responsive. WE BUILT OUR COMPANY FOR THE FUTURE AND 32

34 THE FUTURE IS NOW - Kevin Kelley CEO, Ironshore Inc. 33

35 When considering a long-term insurance partner for your business, please call , visit or info@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 and policy terms may vary based on individual state 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. Ironshore and the Ironshore logo are registered service marks of Ironshore Inc. All intellectual property rights including, but not limited to, copyright, first publication rights, patents, registered trademarks and service marks and know-how in this brochure are owned by Ironshore Inc Ironshore Inc. All rights reserved. CB 03/16