New York City-based property and casualty insurance servicesprovider Ironshore Inc. andShanghai-based investment company Fosun International Ltd. announced thatFosun has completed the acquisition of the remaining 80% equityinterest in Ironshore. Fosun has received approvals from allrelevant regulatory authorities in the United States, the UnitedKingdom and other jurisdictions for its acquisition. Fosunpreviously acquired a 20% stake in Ironshore in February.

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Itasca, Ill.-based international insurance brokerage and riskmanagement services firm Arthur J.Gallagher & Co. has announced the acquisition ofTimaru, New Zealand-based commercial, rural, property and personallines insurance services provider Reid MansonLtd. Reid Manson's founder, David Reid, and his associateswill continue to operate from their current locations in Timaru andAshburton, N.Z., under the direction of Carl O'Shea, CEOof Crombie Lockwood (NZ) Ltd, which is also owned byArthur J. Gallagher & Co.

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Australia-based actuarial and management consulting firmFinity Consulting Pty. Ltd. announced it is nowoffering Accenture's Duck Creek product definition andrating software.

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Florida Peninsula Insurance Co. announcedthat it has expanded its Boca Raton headquarters byapproximately 6,000 square feet, bringing the total office space toover 20,000 square feet. Subsequently, FloridaPeninsula will be adding up to 40 new jobs, includingpositions in human resources, marketing, claims, accounting andunderwriting.

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Trudy Knockless

Trudy Knockless is a reporter on ALM Media's Business of Law desk.  She has a background serving legal and insurance publications. Contact her at [email protected] or on LinkedIn at Trudy Knockless.