Ironshore parent Liberty Mutual has formed a standalone unit to provide mergers and acquisitions (M&As) insurance solutions.

Global Transaction Solutions (GTS) presents a central platform for brokers and buyers to access the range of products available.

“The M&A insurance market is growing quickly as brokers and buyers increasingly turn to insurance solutions to better manage a range of transactional risks and to effectively take deal-blocking issues off the table,” GTS Global M&A Rowan Bamford said.

“We brought our M&A experts from across our Ironshore and Pembroke platforms together to create a single integrated unit providing innovative solutions backed by unparalleled service and financial strength.”

Ironshore Australia MD William Lewis will take on the additional role of GTS Head of Asia Pacific, a spokesman told insuranceNEWS.com.au.

“While the creation of GTS will not impact Ironshore Australia’s operations, it provides the dedicated transactional risk expertise that may help meet the needs of select Ironshore Australia’s customers,” the spokesman said.