Ironshore Enters Florida High-Valued Homeowners Market

Specialty insurer Ironshore Inc. has entered the personal lines market to underwrite a high value homeowners program for properties valued in excess of $1 million. The program will be offered in partnership with Hull & Co., Inc., a wholesale insurance intermediary.

Ironshore Property’s new high value homeowners product will be launched in Florida with other states to follow in the upcoming months. Daniel Olmsted, vice president of Ironshore, will lead the initiative, reporting to John Murphy, head of Global Property.

Olmsted has 25 years experience in the personal lines industry, providing affluent and high value clients personal insurance programs. Prior to joining Ironshore, he served as president of Private Risk Services at ACE, and also was president of Personal Lines for Atlantic Mutual.

Source: Ironshore, Hull & Co.