Berkshire Hathaway Specialty Expands into Builder’s Risk Segment

January 22, 2014

Berkshire Hathaway Specialty Insurance (BHSI) is expanding its property capabilities to include builder’s risk insurance. The company also named Robert Tricamo to head the new specialty property area as vice president, Construction.

“These new capabilities enable us to round out our construction offering, bringing large-scale capacity and technical underwriting experience to large projects,” said Sanjay Godhwani, executive vice president, Property and Programs, BHSI.

In this newly created position, Tricamo will oversee BHSI’s entry into builder’s risk and its ongoing strategy and execution for the product line. Tricamo comes to BHSI with technical property experience, most recently as product line manager, Builder’s Risk (CAR/EAR), at Arch Insurance Group. Before that he held a variety of positions in the technical property insurance arena, including vice president, Technical Risk Property, at Quanta US Holdings and supervising underwriter, Property and Engineered Risks, at Swiss Reinsurance America Corp.

Tricamo is a founding member of the North American Construction Committee of the Inland Marine Underwriters Association. He holds a bachelor’s degree in electrical engineering from Polytechnic University.

Berkshire Hathaway Specialty Insurance provides commercial property, casualty, healthcare professional liability, executive and professional lines insurance and programs for customers across the U.S. It underwrites on the paper of Berkshire Hathaway’s National Indemnity group of companies. Based in Boston, Berkshire Hathaway Specialty Insurance has regional underwriting offices in Atlanta, Chicago, Los Angeles and New York.

 

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