Category: Berkshire Hathaway Specialty Insurance

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Berkshire Hathaway Specialty Insurance (BHSI) has unveiled a new Management Liability Insurance Policy designed specifically for Life Science, Biotech, and Pharmaceutical (LBP) companies in Australia. The policy addresses the unique risks faced by this fast-growing sector, particularly early-stage and R&D-focused businesses.

“The new LBP Management Liability Policy reflects our commitment to Australia’s thriving life sciences community and our deep understanding of the challenges start-ups face at every stage of their journey,” said Jessica Jefferies, Underwriting Manager at BHSI Australia.

The policy offers enhanced coverage not typically included in standard management liability products. It protects Directors, Officers, and members of Scientific and Medical Advisory Boards, and includes critical features such as coverage for private capital raisings and protection in the event of company insolvency. Importantly, it also offers options to extend coverage to U.S. exposures, acknowledging the common pursuit of FDA approvals by Australian firms.

This launch builds on BHSI’s strong position in the Directors and Officers insurance market for ASX-listed life sciences companies and supports its broader strategy to deliver tailored solutions across the life sciences value chain—from start-up to scale.

© 2025 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.

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Berkshire Hathaway Specialty Insurance (BHSI) has announced two significant promotions within its Executive & Professional (E&P) Lines division. Shelley Norman has been named U.S. E&P Lines Field Leader, while Brady Head has been appointed E&P Product Lead for North America.

“These promotions reflect Shelley and Brady’s exceptional leadership and their impact on our North American E&P Lines business,” said Anthony Tatulli, Head of Liability, Executive & Professional Lines, North America, BHSI. “They have led our teams in executing strategies that have driven profitable growth, enhanced the customer experience, and strengthened our position as a valued partner to our brokers and customers.”

In her new role, Shelley will collaborate with E&P underwriting teams across the U.S. She brings over 30 years of industry experience and joined BHSI in 2021 as Senior Vice President, Management Liability. She is based in Chicago.

© 2025 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.

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Berkshire Hathaway Specialty Insurance (BHSI) has officially entered the UK Programs market with the appointment of Rob Munden as Head of Programs, UK. This strategic move marks a significant step in the company’s efforts to broaden its reach beyond large enterprises to include small and midsized businesses across the UK and Europe.

“This move further rounds out our capabilities in the UK and Europe, and reflects our long-term strategy to expand our business,” said Mark Walker, Head of National Business, UK, at BHSI. “With Rob at the helm, we look forward to building a robust Programs business.”

In his new role, Munden will lead the development of BHSI’s Programs business in the UK, leveraging the firm’s underwriting strengths in property, casualty, marine, executive and professional lines, and accident and health insurance. He will also support expansion efforts across Europe.

With 30 years of insurance industry experience and deep expertise in the Programs space, Munden brings strong MGA relationships and a proven track record. He most recently served as CEO of a specialist managing general agent and is based in London.

© 2025 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.

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Berkshire Hathaway Specialty Insurance (BHSI) has announced several strategic leadership appointments to strengthen its North America casualty operations.

Matt Hale has been named Head of U.S. Casualty Underwriting Operations, where he will lead BHSI’s regional casualty underwriting teams across the U.S. and collaborate with Galan Riley, Head of Casualty, Canada, to align North American strategies. Hale is based in Chicago.

Marcie Stephan steps into the role of Head of Casualty, U.S. Central Region, overseeing all casualty underwriting teams in the Central U.S., excluding construction. She is also based in Chicago.

John Roe takes on the position of Head of North American Construction, where he will lead underwriting for Construction Casualty, Construction Professional Liability, and Homebuilders Liability. He will also support the expansion of construction casualty operations and align U.S. and Canadian strategies alongside Galan Riley. Roe is based in New York.

“BHSI takes great pride in building long-term relationships with our casualty customers and brokers,” said Kathy Reid, Head of Casualty, North America. “These appointments highlight the strength of our internal talent and our commitment to delivering solutions backed by our ‘CLAIMS IS OUR PRODUCT’ philosophy and financial strength.”

© 2025 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.

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Berkshire Hathaway Specialty Insurance (BHSI) has strengthened its presence in Italy by appointing Francesco Longobardo as Head of Casualty in Milan. This move marks the company’s expansion into the Italian casualty market, reinforcing its commitment to local underwriting expertise.

“We are excited to continue our expansion, with Francesco leading our entrance into the casualty market in Italy,” said Leonardo Castrichino, Country Manager, Italy, BHSI. “He will also continue to build out the team that will bring our financially strong casualty capacity and CLAIMS IS OUR PRODUCT advantage to customers and brokers in Italy.”

Francesco brings over 20 years of insurance industry experience, including 17 years in senior liability underwriting roles at a global insurer. Earlier in his career, he worked in insurance brokerage, giving him a well-rounded perspective on the industry.

In his new role, Francesco will oversee underwriting for primary and excess casualty insurance across various industry sectors. Based in Milan, he will play a key role in driving BHSI’s growth and service excellence in Italy.

© 2025 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.

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Berkshire Hathaway Specialty Insurance (BHSI) has announced two notable leadership changes in its UK operations. Andrew Hopper has joined as Head of Financial Institutions, UK, while Chris Nixon has been promoted to Underwriting Manager, Executive & Professional Lines, UK.

These appointments follow the upcoming retirement of Chris Warrior, the current Underwriting Manager for Executive & Professional Lines, UK, who will step down at the end of the year after a distinguished 42-year career in the financial lines market.

Jessica Kirby, Head of Executive & Professional Lines, UK, expressed pride in BHSI’s reputation and looked forward to working with the new appointees. She also commended Warrior for his impactful contributions, including building a strong team and fostering market relationships over the past five years.

Andrew Hopper brings over two decades of experience in financial lines, with expertise in financial institutions. He was previously Head of Financial Institutions, UK and Europe, at another insurer. Chris Nixon, with over ten years in the industry, has been with BHSI since 2019, advancing through various roles and earning his expanded responsibilities.

Both executives are based in London and will focus on continuing BHSI’s commitment to excellence in the UK market.

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.

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Berkshire Hathaway Specialty Insurance (BHSI) has expanded its leadership team in Italy with two key appointments. Vincenza “Cinzia” Viele has been named Head of Claims, while Alessandro Majerna will serve as Head of Professional Indemnity (PI) and Cyber for Executive & Professional Lines. Both will be based in Milan.

Country Manager Leonardo Castrichino expressed enthusiasm for the additions, highlighting BHSI’s commitment to providing top-tier claims service. “With our ‘CLAIMS IS OUR PRODUCT’ philosophy, it is particularly exciting that Vincenza is joining our leadership team to oversee delivery of our all-important product, exceptional claims service,” he stated.

Marco Vantellino, Head of Executive & Professional Lines for BHSI in Italy, shared his confidence in Majerna’s expertise in PI and cyber. “Alessandro brings outstanding experience and a passion for his work that will serve our business, our customers, and our brokers well in Italy and beyond,” he said.

Cinzia joins BHSI with over 24 years of experience in claims management, overseeing complex property and casualty cases for large corporate and multinational clients. Alessandro brings more than 15 years of expertise in professional indemnity and cyber insurance, making him well-suited to help BHSI grow in this sector.

© 2024 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 a 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.