Ironshore has announced the acquisition of Excess Risk Reinsurance (ERR), a leading managing general underwriter that specialises in the employer stop loss insurance sector.ERR will operate as a wholly-owned subsidiary of Ironshore Insurance Services LLC, offering its suite of specialty products and services to the employer stop loss market.ERR is led by industry veterans Steven M Parker, president, and David Dausman, executive vice president, who will continue serving in executive leadership positions under the new ownership structure.ERR offers specific and aggregate excess loss coverage and provides access to nationally recognised transplant networks to meet the specialised insurance needs of self-funded employers through third-party administrators, brokers and consultants.Founded in 1989 under the name “AJD Insurance Consultants, Inc”, the company acquired its current name in 2001. Headquartered in Ridgeland, Mississippi, the company also has regional offices in Boston, Massachusetts and Denver, Colorado.“ERR enjoys an excellent reputation in the employer stop loss market and has a demonstrated track record of success,” said Matt Dolan, president of IronHealth and the CEO of ER.“This business is a great addition to Ironshore’s US business and, more specifically, will complement the Provider Excess and HMO Reinsurance products that we write within our healthcare business.“We are confident that ERR will benefit immensely by having access to Ironshore’s national distribution platform.“In addition, this is another example of Ironshore bringing additional product value to our producers.”Mr Parker noted that: “ERR is excited about our new partnership. Ironshore’s solid reputation, infrastructure and nationwide distribution network can only enhance the attributes that have made us successful over the years.”