BHSI Offers Transactional Liability in Asia/Middle East; Pembroke’s Harwood Leads Team

April 8, 2019

Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has begun offering transactional liability insurance through its Asia and Middle East (AME) regions and appointed Steven Harwood as the head of transactional liability in AME.

Harwood comes to BHSI from Pembroke Managing Agency Underwriting at Lloyd’s Japan, where he was senior underwriter & solicitor, M&A Insurance. Before that, he was senior associate at Herbert Smith Freehills LLP, specializing in mergers and acquisitions, and divisional director (London and Tokyo) at Willis Faber & Dumas Ltd, a Lloyd’s reinsurance broker.

Harwood, who served as a Royal Navy Officer, holds a bachelor’s degree from London University and a master’s degree from International Budo University in Japan.

“Properly navigating the risks of corporate transactions is critical to growing companies and industry leaders alike,” said Marc Breuil, head of AME, BHSI. “This expansion enhances our ability to provide transactional liability underwriting expertise and know-how through our regional hubs of Singapore, Hong Kong, and Dubai.”

“Steve Harwood has extensive experience helping companies respond swiftly and strategically to the risks of mergers, acquisitions and other transactions, and we are delighted that he has joined BHSI.”

BHSI will focus primarily on providing representations and warranties Insurance as well as tax liability Insurance across AME. The company already provides transactional liability coverage from offices in the U.S., Canada and the U.K.

Harwood is based in BHSI’s office in Hong Kong.Source: Berkshire Hathaway Specialty Insurance Co. (BHSI)

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