Bermuda-based insurer Ironshore has been named the official insurer for Oracle Team USA for the 35th America’s Cup.

Ironshore will provide comprehensive insurance coverage for the team, from the Louis Vuitton America’s Cup World Series Bermuda regatta, taking place this weekend, through the America’s Cup finals in Hamilton, Bermuda in June 2017.

“Ironshore is pleased to be a sponsor and the official insurer of Oracle Team USA, defender of the 35th America’s Cup,” Mitch Blaser, chief operating officer of Ironshore and chief executive officer of Ironshore’s Bermuda office.

“Hosting the America’s Cup in 2017 will be a fantastic achievement for Bermuda with legacy benefits for years to come. We are proud to support Bermuda and Oracle Team USA during this extraordinary chapter in Bermuda’s history.”

Ironshore, a Bermuda-based specialty insurance firm established on the Island in 2006, provides specialty property and casualty insurance products. As the official insurer for the Oracle team, Ironshore’s coverage includes marine, cargo, travel, umbrella liability, property, casualty and personal accident insurance.

The Oracle team’s operations are based in Dockyard and its team of sailors, designers, shore crew and support personnel live and train in Bermuda in preparation for the finals in 2017.

“We’re happy to partner with Ironshore, a company that knows Bermuda and understands the industry we work in,” Grant Simmer, general manager and chief operating officer for Oracle Team USA, said.

“Ironshore has tailored its coverage to protect our risks both on and off the Island, giving us peace of mind as we continue our preparations to defend the America’s Cup in 2017.”