Category Archives: Berkshire Hathaway Specialty Insurance

Berxi Enters Strategic Alliance with Vizient Insurance Services to Offer Medical Malpractice Insurance to Members

(BRK.A), (BRK.B)

Berxi, a part of Berkshire Hathaway Specialty Insurance, has entered into a strategic alliance with Vizient Insurance Services, LLC, a subsidiary of Vizient, Inc., to offer medical malpractice insurance products to Vizient member allied health professionals through an enhanced digital experience.

The agreement with Vizient, the nation’s largest member-driven health care performance improvement company, became effective Jan 1.

A feature of the agreement is Berxi’s ability to provide Vizient members with fast, efficient digital access to affordable high-quality medical malpractice insurance. Members can choose from a range of limits and take advantage of noteworthy coverage features, such as defense costs that are paid in addition to the insurance limits. Quotes are available online in minutes at berxi.com/vizient.

“We look forward to supporting Vizient member health professionals in their insurance needs through this agreement,” said Adam Yasan, Managing Director of Berxi. “Many health care professionals are looking for more insurance protection and the Berxi digital sign-up experience provides ease of access, speed and choice in coverage to meet these needs.”

Vizient provides solutions and services that improve the delivery of high-value care by aligning cost, quality and market performance for more than 50% of the nation’s acute care providers, which includes 95% of the nation’s academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and more than 20% of ambulatory providers.

© 2020 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Expands Team in Spain

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance (BHSI) has announced two appointments in Spain, naming Alejandro Lovera as Head of Executive and Professional Lines and Silvia Sanchez as Head of Operations.

“We are pleased to continue to expand our team in Spain with these two highly experienced professionals. Alejandro will oversee our financial lines underwriting, bringing policies backed by BHSI’s stability and financial strength to customers in Spain, while Silvia will enhance our ability to provide excellent and efficient service,” said Ignacio Almazan, Country Manager, Spain, BHSI.

Alejandro has spent nearly 15 years in the commercial insurance industry, most of it specializing in financial lines. Before joining BHSI, he was Financial Lines Manager, Iberia & Portugal at Chubb European Group in Spain. He holds a law degree from the Universidad Complutense in Madrid.

Silvia comes to BHSI with 15 years of experience in operations, legal and compliance in the commercial insurance industry, most recently as Operations Director for RSA in Spain. Silvia holds a law degree from the Universidad Complutense in Madrid.

Alejandro and Silvia are based in BHSI’s office in Madrid.

© 2020 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Names Daniel Weinmann Head Customer & Broker Engagement in Germany

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance (BHSI) is expanding its European team, naming Daniel Weinmann as Head of Customer & Broker Engagement in Germany.

“With our broad range of products, financial strength and excellent service, BHSI brings a strong value proposition to the European marketplace,” said Andreas Krause, Country Manager for Germany, BHSI. “We are pleased to have Daniel, with his extensive experience and industry knowledge, delivering this value and expanding BHSI’s relationships with customers as well as global and domestic brokers in Germany.”

Daniel comes to BHSI with more than 20 years of insurance industry experience. He was most recently Head of Sales, Germany, for Swiss Re Corporate Solutions. Prior to that, Daniel was head of General Aviation & Aerospace EMEA and worked on the Broker side as well, as Head of Casualty at Marsh in Munich. He received his bachelor’s degree in Business Administration from the German Insurance Academy.

Daniel is based in BHSI’s office in Munich.

© 2020 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Names Hilary Browne Country Manager, Ireland & Head of Casualty, UK & Europe

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has named Hilary Browne to the dual role of Country Manager for Ireland and Head of Casualty for UK and Europe.

“Hilary’s excellent technical underwriting and leadership skills make her a stellar addition to our European team,” said Chris Colahan, President, UK & Europe. “Our customers and brokers are in good hands with Hilary providing our insurance and services with the certainty of BHSI’s long-term commitment and financial strength.”

Hilary comes to BHSI with nearly 20 years of European market experience. She has held numerous insurance underwriting and leadership roles in the UK and Ireland and was most recently Head of International Casualty at AIG.

BHSI’s Casualty offering across UK & Europe includes, Public & Products Liability, Employers Liability, Excess Casualty, Construction Liability, Energy and Environmental Impairment Liability (EIL).

Hilary is based in BHSI’s office in Dublin.

© 2020 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Offers Commercial Crime Insurance in Asia

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance is offering Commercial Crime Insurance in Asia. The new policy is designed to help companies address the exposures of a changing fraud landscape.

“Corporate fraud is becoming increasingly sophisticated as technology advances at an exponential pace across the globe. Companies now face new threats and are tasked with protecting both traditional and digital assets,” said Scotland Walsh-Riddle, Head of Executive & Professional Lines, BHSI Asia. “Our policy is important protection for a company’s balance sheet by both insuring against losses arising from a wide range of threats and providing support to investigate the cause of a loss.”

BHSI’s Commercial Crime Insurance Policy offers concise contract language for commercial organizations and includes coverage for both traditional employee crime and external crimes, including funds transfer fraud, credit card fraud, forgery, and impersonation coverage. Impersonation coverage responds to losses arising when a perpetrator impersonates an employee, executive or business associate of the insured for the purpose of defrauding the insured.

“Impersonation fraud is quickly becoming a systemic issue around the world. We’ve recently seen a social engineering scheme utilize artificial intelligence-based software to impersonate an executive. These schemes are testing the boundaries of what companies can prepare for – and we are committed to helping our customers protect against this rising threat,” said Scotland.

The Commercial Crime Insurance Policy also includes numerous extensions, including coverage for lost establishment fees an insured incurs to establish the existence and quantum of a loss.

“The Commercial Crime Policy was crafted with BHSI’s clear and concise underwriting and is backed by our excellent claims handling,” said Scotland. “Through BHSI’s unparalleled financial strength and experience, our customers and brokers can have the confidence BHSI will be there when it matters most.”

© 2019 David Mazor


Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Names Javier Villalba as Head of Claims in Spain

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has appointed Javier Villalba to its expanding leadership team in Spain as Head of Claims.

“We are thrilled to have Javier, with his extensive industry experience, bringing BHSI’s commitment to claims excellence to customers in Spain and throughout Europe. Claims is our product — and Javier is exceptionally equipped to bring this product to the marketplace, the BHSI way,” said Ignacio Almazan, Country Manager, Spain, BHSI.

Javier comes to BHSI with nearly 20 years of claims experience. He was most recently Director for Expert Claims (Spain) and Claims Customer Relationship Manager at Zurich in Spain. Prior to that he spent 16 years in Claims at AIG, beginning as a claims adjuster and rising to the position of AIG South Europe Claims & Operations Officer. He earned a law degree from Universidad Complutense de Madrid and completed his studies in Procedural Law at C.E. Ignacio de Loyola.

Javier is based in BHSI’s office in Madrid.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Expands in France

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has commenced underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as Head of Construction and Anne-Sophie Bonifay as Head of Casualty.

“We are pleased to continue to round out our capabilities in France as we welcome Olivier and Anne-Sophie to lead our entry into the local construction and casualty markets,” said François-Xavier d’Huart, Country Manager, France, BHSI. “Their expertise, coupled with BHSI’s financial strength and commitment to claims handling excellence, will serve our customers and brokers well for years to come.”

Olivier comes to his role with three decades of experience in construction underwriting and engineering. For the past 12 years he was Construction & Engineering Underwriting Manager at XL Insurance Company SE in Paris. Prior to that, he was Engineering Underwriting Manager at Gerling in Paris. He began his career as Head of the Firefighting Engineering Team at Alstom Power. He has a degree in Health & Security from the Institut Universitaire de Technologie in Saint-Denis.

Anne-Sophie joins BHSI with 25 years of experience spanning both middle market and large account casualty underwriting. She began her career in casualty underwriting at AGF (Allianz), and then Commercial Union, in Paris. She then held increasingly senior positions in casualty underwriting at Chubb Insurance Company of Europe, and was Casualty Underwriting Manager, Large Corporate Accounts, at Zurich Global Corporate France. She served as Casualty Underwriting Manager, Middle Market, at XL Insurance Company Limited, and most recently was Casualty Underwriting Manager, Middle Market, at AXA XL in Paris. She holds a master’s degree in Insurance Law from the University of Paris Panthéon Assas.

Olivier and Anne-Sophie are based in BHSI’s office in Paris.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Fills Key Leadership Positions in Madrid

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has filled three key leadership positions in Madrid, naming Diego Espinosa as Head of Property, Juan Madrid as Head of Casualty, and Tomás Blas as Head of Technical Lines.

“We are pleased to build out our leadership team and capabilities in Spain with the addition of these highly experienced professionals to lead our entry into property, casualty and technical lines,” said Ignacio Almazan, Country Manager, Spain, BHSI. “We look forward to continuing to expand our capabilities and to bring BHSI’s underwriting acumen, service excellence and financial strength to this thriving market.”

Diego comes to BHSI with more than a decade of industry experience at RSA Spain, where he was most recently Property Development Leader/Property Lead Underwriter. He began his career at the Global Graduate Programme at RSA in Mexico. He holds a master’s in Business Administration from ESERP Business School and a degree in Chemical Engineering from the Instituto Technológico y de Estudios Superiores de Monterrey (ITESM).

Juan has more than 35 years of industry experience, most recently as Liabilities Manager at Chubb Iberia. Before that, he spent 14 years in casualty underwriting at AIG Europe Limited, most recently as Casualty, Healthcare and Motor Fleets Manager in Spain and Portugal. He began his carrier at Nacional Hispanica in 1984. Juan has a law degree from Universidad Autónoma de Madrid and a master’s in Insurance Management from ICEA.

Tomás has nearly 15 years of industry experience, most recently as Regional Head of Engineering Lines, Mediterranean Region at Allianz Global Corporate & Specialty (AGCS). Before that, he was Head of Engineering Lines for Spain & Portugal and Global Practice Group Leader of Utilities, Services, IT & Communications at AGCS. He received a degree in Industrial Engineering from the Universidad de Castilla-La Mancha and an executive master’s degree in Business Administration from the European School of Management and Technology in Berlin.

In Spain, BHSI will serve corporate business property and casualty accounts across all industries. In technical lines, BHSI is targeting construction, power, energy and engineering risks of all sizes.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Enters the Surety Market in Australia

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance is entering the surety market in Australia and has named Jonathan Griffiths as Head of Surety, Australia.

“We are pleased to expand our surety footprint and our team into Australia. With his extensive experience, Jonathan is exceptionally qualified to bring to market surety solutions with BHSI’s agility, underwriting expertise and financial strength,” said Mark Lingafelter, President, Australasia, BHSI.

BHSI will focus on providing contract surety solutions for large and mid-sized contractors throughout Australia. The company currently provides surety solutions in the U.S, Canada, UK & Europe and Asia.

Jonathan comes to BHSI with more than a decade of surety underwriting experience at Liberty Specialty Markets, where he was most recently Head of Surety, Asia-Pacific, based in Sydney. Before that he held increasingly senior roles underwriting surety for Liberty in Australia as well as North America, the UK and Europe.

He holds a bachelor’s degree in Business Economics from London Metropolitan University in the UK and an Associate in Fidelity and Surety Bonding certification. He has served as Vice President of the Australian Surety Association since 2015.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway Specialty Insurance Enters Spain

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has expanded its global footprint opening a new office in Madrid, naming Ignacio Almazan as Country Manager in Spain.

“Putting down roots in Spain enhances our ability to service both local customers and multinationals in Europe,” said Chris Colahan, President, BHSI, UK and Europe. “Ignacio has extensive experience in the Spanish marketplace and we are excited to have him leading our effort to build our local presence and relationships.”

BHSI will initially underwrite property, casualty, financial lines, construction and engineering insurance, with the expectation to steadily expand its product lines and services in Spain.

Ignacio comes to BHSI with more than 20 years of insurance industry experience. For the past decade, he served as Country Manager for RSA Spain. Prior to that, he was Sub-director of the Energy Department at Willis Spain, and Leader of the Energy Department at Aon Spain. He began his insurance industry career as a Risk Engineer, then a C&E Underwriter, at Royal & Sun Alliance Spain.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.