November 2018 - Liberty will merge its two commercial specialty lines businesses across Asia Pacific
The Liberty Mutual Insurance Group has announced it will merge its two commercial specialty lines businesses across Asia Pacific, with Liberty International Underwriters integrating the local Ironshore operations.
Liberty Mutual Insurance made a global acquisition of Ironshore Inc, in 2017 and now seeks to consolidate the number of brands that the group operates in the Asia Pacific region.
The Ironshore team will start writing business under the associated Liberty brands starting 1 January 2019. Claims will continue to be handled in line with present arrangements, and Pembroke, Ironshore and Liberty will collectively review claims handling arrangements as the integration moves forward.
The integration will see us further strengthen our product offering with additional capability in Warranty & Indemnity, Trade Credit, Political Risk and War & Terrorism.