Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its North American Transactional Liability Insurance business into the UK and Europe and has appointed Ed Martin as head of Transactional Liability, UK and Europe, based in London.
“As the need for solutions for the risks and uncertainties in corporate transactions continues to grow, BHSI is pleased to bring to market the local expertise, financial strength, and capacity that will enable companies in the UK and throughout Europe to respond, quickly and strategically, to the exposures of mergers, acquisitions and other transactions,” said Robert Underhill, senior vice president, head of Transactional Liability, BHSI.
Martin joins BHSI from global legacy and run-off specialist Enstar Group Ltd. At Enstar, he was the lead in-house M&A lawyer working alongside Enstar’s dedicated M&A team. Prior to joining Enstar, Martin was “of counsel” at Norton Rose (now Norton Rose Fulbright) with its London Corporate and Regulatory Insurance team. He qualified as a lawyer in England and Wales in 2000.
“This latest expansion follows the well-set pattern of BHSI’s growth: We grow where and when we can offer outstanding expertise and provide meaningful long-term solutions, backed by our stable capacity and financial strength,” said Chris Colahan, head of UK and Europe, BHSI.
BHSI will provide warranty and indemnity, tax, and contingent liability insurance in the UK and throughout Europe. The company also provides representations & warranties, contingent liability, and class action settlement insurance in the U.S. and Canada.
Source: Berkshire Hathaway Specialty Insurance
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