Ironshore enters healthcare market
Bermuda insurer Ironshore Inc. is set to go into the healthcare liability sector with the launch of IronHealth, under the direction of industry veteran Matt Dolan as president.
The senior management team also includes Josh Stein as chief underwriting officer, Randy Oates as chief operating officer and TammiDulberger as chief actuary.
IronHealth, which will be based in Simsbury, Connecticut, will initially offer hospital professional liability, managed care Errors & Omissions liability and long-term care professional liability.
"All of us at Ironshore are excited about the creation of IronHealth as a dedicated facility,' said Bob Deutsch, CEO of Ironshore. "It is a logical extension of our commitment to meeting specialty insurance market needs."
"Previously, I have had the great pleasure of working with this team for many years. In my opinion, this is the best healthcare team with a track record of solid underwritingresults."
Mr. Dolan will report to Greg Flood, president of IronPro. "I am thrilled to be joining forces with Matt, Josh, Randy and Tammi as we enter this new area of specialty insurance," said Mr. Flood. "Their knowledge of the needs of the healthcare community, combined with their technical expertise and broker relationships, will enable us to succeed in expanding our US platform."
The IronHealth team most recently ran OneBeacon Professional Partners, which they formed in 2002. Prior to that, they were together at Executive Risk, which was bought by the Chubb Corporation in 1999.
"My colleagues and I are very pleased to start IronHealth," said Mr. Dolan. "We look forward to once again working with Bob Deutsch, as well as Greg Flood and many others, as we build IronHealth into a substantial, profitable division of Ironshore. The heathcare industry is constantly evolving, and we are committed to its professional liability needs.
"We have assembled an extremely talented and experienced team to bring a very high level of service to brokers and clients alike."
Ironshore provides broker-sourced specialty commercial property and casualty coverages for risks located throughout the world.
Through its platform in Bermuda, Ironshore writes property catastrophe and property all-risk coverage for small to mid-sized commercial risks.
With the launch of IronPro in May 2007, IronBuilt in October 2007 and IronHealth in March 2008, Ironshore's US companies serve the professional liability, construction and healthcare liability specialty market sectors.