November 2018 - Liberty merged its two commercial specialty lines businesses across Asia Pacific
The Liberty Mutual Insurance Group announced it will merge its two commercial specialty lines businesses across Asia Pacific, with Liberty Specialty Markets integrating the local Ironshore operations.
Liberty Mutual Insurance made a global acquisition of Ironshore Inc. in 2017, seeking to consolidate the number of brands that the group operates in the Asia Pacific region.
The Ironshore team started writing business under the associated Liberty brands starting 1 January 2019. Claims continued to be handled in line with the current arrangements at the time, and Pembroke, Ironshore and Liberty collectively reviewed claims handling arrangements as the integration moved forward.
The integration will saw us further strengthen our product offering with additional capability in Warranty & Indemnity, Trade Credit, Political Risk and War & Terrorism.