Hamilton, Bermuda — Ironshore Inc.'s Chairman Ron Sandler announced it has named Kevin Kelley CEO, and Bob Deutsch president.
Kelley has been the longtime CEO of Lexington Insurance Co., which under his leadership, became the largest excess & surplus lines insurer in the world.
Commenting on this development, Bob Deutsch, the company’s founding CEO, says, “Ironshore's singular focus has always been to create shareholder value by building a world-class specialty insurance company. Attracting Kevin Kelley, one of the most talented insurance executives in the last two decades, significantly increases our ability to take advantage of the changing insurance marketplace. I welcome the opportunity to work alongside him.”
Bob Clements, director and a founder of Ironshore, remarks, “Ironshore has accomplished a great deal under Bob Deutsch's leadership these past two years, including establishing successful platforms in Bermuda, the U.S. and London. We thank Bob for his complete support of Kevin and his future role as Kevin's partner.”
“I am excited to join Ironshore, and am impressed with what has been accomplished in its first two years,” Kelley says. “I look forward to working with Bob and his talented colleagues to grow Ironshore into a large, specialty company as it moves from its initial development stage.”
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