Berkshire Hathaway Specialty Insurance News

Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders

Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter McKenna as head of energy and construction …

Berkshire Hathaway Specialty Unveils New D&O Policy

Berkshire Hathaway Specialty Insurance (BHSI) has unveiled its Executive First Side A Difference-in-Conditions (DIC) Directors & Officers Liability Policy, which provides protection for individual directors and officers in a concise form. “The Executive First Side A DIC D&O Liability Policy stands out for …

CNA’s Kocaj Joins Berkshire Hathaway Specialty

Specialty insurer Berkshire Hathaway Specialty Insurance (BHSI) has appointed Tom Kocaj as vice president and head of Financial Institutions, Executive and Professional Lines. Kocaj joins BHSI with a quarter century of experience in the insurance industry in all types of …

Berkshire Hathaway Hires Two Sr. Execs from AIG Asia – WSJ Report

Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the matter. Berkshire Hathaway has hired Marc Breuil, who headed …

Berkshire Specialty Enters Fiduciary Liability Segment, Hires Prussack as VP

Berkshire Hathaway Specialty Insurance (BHSI) has entered the fiduciary liability market and named Rhonda Prussack as vice president, Fiduciary Liability, to lead the effort. According to Dan Fortin, senior vice president, Executive and Professional Lines, BHSI, Prussack will work with …

Berkshire Hathaway Specialty Jumps Into Surety with Zurich’s Delisio

Continuing with its rapid expansion, Berkshire Hathaway Specialty Insurance is moving into the surety market, focusing on contract surety business. The company has appointed Geoff Delisio as senior vice president of surety, reporting to David Bresnahan, executive vice president for …

Berkshire Hathaway Specialty Insurance Enters Travel Insurance Business

Berkshire Hathaway Travel Protection, part of Berkshire Hathaway Specialty Insurance, has launched the first product in its new travel-insurance line designed for travelers, travel agencies, tour operators and travel suppliers called AirCare. AirCare is a fixed-benefit flight protection coverage available …

SNL’s Top 30 E&S Writers: Berkshire On Fire with 40% Growth in 2013

With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three places. Berkshire Hathaway Inc. is …

Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans

Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s President Peter Eastwood said BHSI is “working hard at some expansion plans in Asia …

Berkshire Hathaway Specialty Insurance Launches Healthcare Umbrella Policy

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in the ever-changing healthcare environment. Reflecting the industry’s widespread consolidation, the policy provides a definition of insured, which encompasses new …