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Ironshore Canada enters professional lines market

Ever-expanding Bermuda-based insurer Ironshore has announced its entry into the Canadian financial and professional lines market.

Ironshore Canada has named Dane Hambrook, vice-president, to head the division.

The division will provide liability coverages for directors and officers, errors and omissions, employment practices, fiduciary, and fidelity insurance for public companies, financial institutions, private companies and not-for-profit entities.

Mr. Hambrook will be responsible for the development and implementation of Ironshore's growth strategy in this specialty insurance sector across Canada.

Mr. Hambrook brings more than 10 years of financial and insurance industry experience to Ironshore, most recently serving as the Canadian regional underwriting manager for the Public Accounts Division of AIG Executive Liability.

Ironshore Canada was launched earlier this year.