Liberty Mutual Purchases Ironshore Inc.
According to a recent release by The Insurance Journal, Ironshore (including Ironhealth) is to be purchased by Liberty Mutual by the end of the year.
Ironshore was previously owned by Fosun International Limited, out of China. The estimated purchase price on the acquisition is $3 billion U.S. dollars. After the transaction, Ironshore is planning to maintain their current brand name and management.
Among its varied products, Ironshore offers healthcare professional liability and other liability insurance products to the medical services and life science industries.
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