Antares Syndicate to be subscribing insurer for Ironshore subsidiary

Bermuda-based insurer Ironshore has announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Iron-Starr Excess Agency.

Iron-Starr is a managing general agency (MGA) that underwrites specialty lines of business on behalf of Ironshore Insurance, Starr Insurance & Reinsurance and Hamilton Re.

Iron-Starr specialty product lines include excess casualty, financial lines and healthcare. It was founded in 2009 to deliver syndicated capacity to clients for excess liability products through a single access point in the Bermuda jurisdiction, recognised as a central market for purchasing such insurance programmes.

Antares Syndicate 1274 at Lloyd’s is managed by Antares Managing Agency, a Qatar Insurance Company Group company.

Kevin Kelley, chief executive officer, Ironshore, said: “Antares is a significant new partner for the Iron-Starr Agency and further bolsters the availability of syndicated capacity.  This partnership enhances our ability to offer deeper market solutions and capacity to our clients.”

Mitch Blaser, CEO, Iron-Starr, added: “The addition of Antares strengthens underwriting team capabilities and reinforces our industry position in providing diversified capacity to clients in a responsive, streamlined manner.”