June 28, 2012

Ironshore Announces Key Management Appointments

Hamilton, Bermuda – Ironshore Inc. announced today that it has named Peter Harper as Global Chief Financial Officer and Meg Drago as Global Head of Human Resources. Mr. Harper, who served for seven years as Chief Financial Officer of Scottsdale Insurance Company, will succeed founding CFO Mitchell Blaser. Mr. Blaser will expand his responsibilities as the Chief Executive Officer of IronServe, the newly-formed services company, along with his continued roles as Global COO and CEO of Ironshore’s Bermuda platform. Prior to Mr. Harper’s role at Scottsdale, he was the CFO and Treasurer for Suntron Corporation, based in Phoenix, Arizona, and previously served in senior finance roles at Iomega Corporation. He spent his early career at General Electric, where he held a variety of finance and operations roles and was a member of the GE Executive Leadership Development Program. Ms. Drago joins Ironshore from her own HR consulting firm which she launched in 2009 and will be reporting to Mr. Blaser. Ms. Drago was previously Global Head of Human Resources for MasterCard Worldwide where she spent over twenty years with responsibilities for talent management, leadership development, individual/team coaching, performance management, and succession planning. “Ironshore is pleased to add significant depth to our senior management team and these new executive appointments complement our growth and global expansion,” noted Kevin H. Kelley, Chief Executive Officer of Ironshore. “Both Pete and Meg bring to Ironshore specialized skills and an array of experience in their respective fields that will support management’s execution of the firm’s strategic direction.” About Ironshore  Ironshore provides broker-sourced specialty property and casualty insurance coverages for varying risks on a global basis through its international platforms. The Ironshore group of companies is rated A- (Excellent) by A.M.Best with a Financial Size Category of Class XIII. Ironshore’s Pembroke Syndicate 4000 operates within Lloyd’s where the market rating is A (Excellent) by A.M. Best and A+ (Strong) from both Standard & Poor’s and Fitch. For more information, please visit: About The Beekman Group  The Beekman Group (“TBG”) is a leading private equity firm dedicated to bringing financial and operational resources to lower middle-market companies. TBG's team consists of experienced private equity professionals, as well as a select group of Industry Operating Partners who are leading executives in TBG's targeted industry segments. This Industry Partner approach to investing is the cornerstone of TBG's investment strategy -- creating value through accelerating growth in partnership with lower middle-market management teams. For more information please contact [email protected].