Tom Bolt News

AIG Lures Berkshire Hathaway’s Bolt for Chief Underwriting Post

American International Group said Tom Bolt will join the company as chief underwriting officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and structure that is aligned with AIG’s overall risk appetite. Bolt …

BHSI Launches Casualty Platform; Leeks Named Head of Casualty, UK & S. Europe

Berkshire Hathaway Specialty Insurance (BHSI) is introducing public and products liability insurance in the UK, Ireland and Southern Europe, and employer’s liability insurance in the UK and Ireland, while naming Martin Leeks, senior vice president, Casualty, UK and Southern Europe. …

BHSI Opens London Office, Expands UK & Southern Europe Team

Berkshire Hathaway Specialty Insurance Co. (BHSI), in coordination with its affiliate Berkshire Hathaway International Insurance Ltd. (BHIIL), announced it has opened a new office in London. In addition, key executive roles have been filled. Richard Nathan has been named head …

BHSI Opens German Office, Fills Key Roles in Northern Europe

Berkshire Hathaway Specialty Insurance Co. (BHSI) in coordination with its affiliate Berkshire Hathaway International Insurance Limited (BHIIL), announced it has opened an office in Düsseldorf, Germany, and filled key executive roles in Northern Europe. “We are laying the foundation to …

Lloyd’s Market Urged to Use Oasis Open-Source Cat Models for Wider Risk View

Lloyd’s managing agents should take full advantage of Oasis, the open source catastrophe modeling platform, in order to get wider views on catastrophe risks, urged Tom Bolt, Lloyd’s director of performance management. “Catastrophe models are valuable tools, but each model …

BHSI to Expand Specialty Business into Europe; Bolt & Koehler to Lead Operations

Berkshire Hathaway International Insurance Ltd. announced it will offer a specialty insurance solution to Europe with its affiliate, Berkshire Hathaway Specialty Insurance, subject to regulatory approval. Tom Bolt has been named as president, UK and Southern Europe, effective June 1, …

Lloyd’s Develops Standardized Data Requirements for Cyber Risks

Lloyd’s of London announced that a set of common core data requirements for cyber risks has been agreed by collaborating with modeling firms AIR Worldwide and RMS, along with RMS’ partner, the Cambridge Centre for Risk Studies. Both AIR and …

Lloyd’s Performance Management Director, Bolt, to Leave Corporation Next Year

Lloyd’s of London announced its director of performance management, Tom Bolt, has decided to leave the corporation in mid-2016, after almost seven years of front line service. Bolt was appointed in September 2009, and is a member of Lloyd’s executive …

Lloyd’s Report Highlights Vulnerability of Global Food System

Lloyd’s has published the results of a study that examines the “vulnerability of the overstretched global food system to sudden shocks, and the wide repercussions for communities, businesses and governments.” Lloyd’s said the scenario, produced in conjunction with UK and …