(BRK.A), (BRK.B)
Berkshire Hathaway Specialty Insurance has expanded in Germany, opening a new office in Frankfurt. The company already has offices in Cologne and Munich.
“BHSI is committed to building long-term relationships by providing sustainable technical underwriting solutions and excellent service,” said Andreas Krause, Country Manager, Germany. “Being close to our customers in the important financial center of Frankfurt will advance these efforts and is especially important now, with our team and our insurance portfolio growing so substantially in Germany.”
Underwriters from across all product lines, including property, casualty, and executive & professional lines, as well as BHSI risk engineers, will be based in Frankfurt.
© 2021 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.