Specialty insurer Ironshore has entered an agency agreement with the Australian branch of Inter Hannover to provide mergers and acquisitions cover.

The deal mainly focuses on business from Australia and New Zealand.

Ironshore Australia, which has been writing mergers and acquisitions insurance since 2011, says it favours working with global carriers that support niche specialty products.

“It is Ironshore’s intention to pursue further expansion opportunities with these types of agency agreements,” Australia MD David Rogers said.

The company also provides specialty coverage for political risk, war and terrorism, fine art, specie and marine cargo, professional lines and structured credit risks.