A new unit will be established to write catastrophic excess casualty insurance for Ironshore Bermuda, targeting Fortune 2000 and other clients purchasing cat excess coverages. Smith is based out of New York, and reports to Shaun Kelly, CEO of Ironshore’s U.S. operations, and Kevin Kelley, CEO of Ironshore.
Smith has 24 years of liability underwriting experience in the insurance and reinsurance markets. Since December 2000, he had been the president of AIG Cat Excess Liability. From February 1998 to December 2000, he was a VP at General Reinsurance Corp. in the National Account Casualty Treaty area. Prior to that, he served as VP and excess casualty product line manager for AIG Cat Excess Liability from 1995 to 1998.
“Hiring Geoff is a big win for Ironshore as we expand into the cat excess liability arena,” says Shaun Kelly. “He brings a wealth of expertise in underwriting and managing excess liability portfolios. The launch of this cat excess liability unit will further add to Ironshore’s product and geographic diversification.”