Ironshore exec announces departure
Reprints
Timothy McAuliffe, president of Ironshore Insurance Services, said in a LinkedIn posting on Monday that it was his last day at the insurer.
A spokeswoman for Ironshore, whose $2.93 billion acquisition by Liberty Mutual Insurance Co. was completed in 2017, said, “It was really a mutual decision — as Liberty Mutual and Ironshore are in the process of transitioning and integrating management on various levels.”
The Ironshore spokeswoman did not respond to a query asking who will replace Mr. McAuliffe.
Mr. McAuliffe, who was based in New York, joined Ironshore as president, specialty casualty and programs, in April 2009, and was named to his current position in May 2017, according to his LinkedIn profile. He was previously president, excess casualty, at American International Group Inc. unit American Home Assurance Co., according to the profile.
He said in his LinkedIn announcement that “it was an incredible run over the past almost 10 years. I was fortunate to work with and for very talented individuals and had tremendous opportunities as the company grew from start up to a strong leader in the Specialty Insurance space.”
Mr. McAuliffe said he looks forward to spending time with his family and pursuing other interests but will “welcome the opportunity to get back at it sooner than later.”
Read Next
-
Ironshore unit to set up GIC Re's syndicate at Lloyd's
The Lloyd's of London Franchise Board has granted in principle approval to Bermuda-based insurer Ironshore Inc.'s unit U.K.-based Pembroke Managing Agency Ltd. to set up reinsurer General Insurance Corp. of India's syndicate at Lloyd's, The Royal Gazette reported. Alice Vaidyan, chairman of GIC Re, said that the syndicate will help the reinsurer to broaden diversification and leverage deployment of capital resources.
