Category Archives: Berkshire Hathaway Specialty Insurance

Berkshire Hathaway Specialty Insurance Offers Directors & Officers Liability and Professional Indemnity Policies in Ireland

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Berkshire Hathaway Specialty Insurance has added to its customized suite of Directors & Officers (D&O) Liability and Professional Indemnity policies, for customers in Ireland.

The company has launched a new suite of Professional First coverages that includes Architects, Engineers & Consultants Professional Indemnity and Project Specific Professional Indemnity, Design & Construct Liability and Miscellaneous Professional Indemnity Insurance.

These new products expand BHSI’s capabilities in Ireland by offering primary solutions to customers in the Commercial Professional Indemnity space. In Ireland, BHSI already provides primary solutions via its Executive First Directors & Officers Liability Insurance for commercial customers and Professional First Asset Management Liability and Financial Institutions Civil Liability for financial institutions.

“Companies in the Irish market face growing and evolving management and professional indemnity exposures at the same time they are navigating challenging and uncertain insurance market conditions,” said Caoimhe Gormley, Executive & Professional Lines, Ireland. “BHSI is pleased to provide companies across Ireland with a wide range of new Executive & Professional Lines options backed by the certainty of stellar financial strength, our long-view underwriting, and the excellent service that comes with our CLAIMS IS OUR PRODUCT® philosophy.”

© 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

Berkshire Hathaway Specialty Insurance Expands Casualty Capabilities to Energy & Technical Lines in the UK

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Berkshire Hathaway Specialty Insurance has launched Energy and Technical Lines Casualty products in the UK and established a dedicated London-based Energy & Technical Lines underwriting team.

The company’s UK Casualty Energy & Technical Lines team includes:

• Oliver Brown, Manager, Energy Casualty. He comes to BHSI with 20 years of experience in technical energy risks. He most recently spent 10 years at AXA XL as Class Underwriter, Energy Casualty.

• Penny Wang, Senior Energy Casualty Underwriter. She joins BHSI with 16 years of energy casualty experience, most recently as Senior Casualty Underwriter at Starr Companies.

• James Emson, who has been promoted to Casualty Manager, Technical Casualty, UK. He was previously Senior Casualty Underwriter, UK.

• Jack Erritt, Technical Casualty Underwriter, UK. He was most recently Energy Casualty Underwriter at AIG.

“We are pleased to expand our casualty capabilities with the deep technical risk expertise of our new team,” said Hilary Browne, Head of Casualty, UK & Europe. “Now BHSI can provide both technical Casualty and Property solutions, backed by stellar financial strength and service, to energy operations and other technical risks across the U.K.”

© 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.

Berkshire Hathaway Specialty Insurance Enters Marine Market in France

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Berkshire Hathaway Specialty Insurance has launched a full line of marine insurance products in France and appointed Muriel Birre Julvécourt as Head of Marine.

The new marine offerings include: Inland Marine, Ocean Cargo, Stock & Transit, Project Cargo, Freight Forwarders Liability, Ports & Terminals, and Subsea Insurance.

“We are very excited to further round out our offerings for customers and brokers in France with marine insurance, backed by BHSI’s financial stability, long-view underwriting, and CLAIMS IS OUR PRODUCT® philosophy,” said François-Xavier d’Huart, Country Manager, France. “Muriel is well known in the local marketplace and we are excited to have her deep technical expertise and excellent leadership capabilities leading our entry into this new line.”

Muriel comes to BHSI with more than 25 years of marine underwriting experience. She was most recently Head of Marine at RSA Group. Before that, she held various management roles in Marine at Groupama Transport. She was a member of the Marine Committee of the French Federation for Insurance Companies (FFA) for nearly 10 years, and holds a master’s degree in Insurance Law from the University of Paris Panthéon Assas.

Muriel is based in BHSI’s office in Paris.

© 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 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.

Berkshire Hathaway Specialty Insurance Appoints Brian Robb Head of Cyber/MPL/Tech in the U.S.

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Berkshire Hathaway Specialty Insurance has appointed Brian Robb as Senior Vice President, Head of Cyber/MPL/Tech, in the U.S.

“We are pleased to welcome Brian to lead our Cyber, Miscellaneous Professional Liability & Technology E&O team in the U.S.,” said Anthony Tatulli, Head of Executive & Professional Lines, North America, at BHSI. “His expertise adds fuel to our efforts to expand our portfolios and deliver the sound, stable solutions customers are seeking now and for the long-term.”

Brian comes to BHSI after nearly 11 years at CNA Insurance, where his experience spanned both the underwriting and claims sides of the business. He was most recently Product Leader, Cyber/Media/MPL/Tech E&O. Prior to that, Brian held the positions of Cyber Industry Leader and Senior Claim Counsel, Global Cyber and Technology Claims, at CNA. He holds a master’s degree from City University of New York-Baruch College, Zicklin School of Business, and a law degree from Brooklyn Law School. He received a bachelor’s degree in Political Science from the University of North Carolina at Chapel Hill.

© 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.

Berkshire Hathaway Specialty Insurance Appoints Tom Macfarlane to Lead Downstream Energy Property Business in Europe

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Berkshire Hathaway Specialty Insurance is expanding its capabilities in Europe to underwrite Downstream Energy Property Insurance and has named Tom Macfarlane to lead this business segment.

“We are delighted that Tom is joining BHSI to develop our Downstream Energy business in Europe. He is a well-respected leader in the market and has a wealth of experience in the energy sector,” said Chris Colahan, Head of UK and Europe, BHSI.

“This is a significant step in continued build-out of our overall Property business. With Tom and his extensive expertise and knowledge at the helm, we look forward to building strong relationships with our customers and brokers in the energy sector,” said Sean Mannion, UK Head of Property, BHSI.

Tom comes to BHSI with over 40 years of insurance experience spanning both the underwriting and broking sides of the business. He has held various leadership roles in Energy Property at AIG, including Global Head of Energy. He was also previously Energy Broker and Managing Director at Marsh & McLennan Companies.

Tom is based in BHSI’s London office.

© 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 Appoints Team to Lead Entrance Into Executive & Professional Lines in France

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Berkshire Hathaway Specialty Insurance is entering the Executive & Professional Lines market in France and has appointed Olivier Hamon as Head of Financial Institutions and Management Liabilities and Alice Batchili as Professional Indemnity Manager.

Olivier and Alice will spearhead BHSI’s launch of a full range of products in France, including D&O Liability, Financial Institutions D&O Liability, Professional Indemnity, Employment Practices Liability, Crime, and Cyber Insurance, with an initial focus on Corporate and Upper Middle Market risks.

“Unencumbered by legacy liabilities, and committed to disciplined risk underwriting, BHSI is well positioned to provide companies across France with stable and sustainable Executive & Professional Lines solutions,” said François-Xavier d’Huart, Country Manager, France, BHSI. “Olivier and Alice bring to BHSI extensive experience and the excellent capabilities and character that are a hallmark of BHSI’s global team. We are pleased to have them building our Executive & Professional Lines portfolio and our team in France.”

Olivier has more than 12 years of insurance and financial industry experience, with a focus on Financial Lines for commercial and financial institutions in France. Earlier in his career he was a Financial Analyst at Coface Holding. He earned a bachelor’s degree in Economics, with Honors, from University of Paris, Panthéon-Sorbonne, and a master’s in Finance from University Paris Panthéon Assas.

Alice comes to BHSI with more than 15 years of industry experience, spanning both the insurance and brokerage sides of the business, and extensive expertise in both Professional Indemnity and Cyber Insurance. She holds a master’s degree in International Management of Insurance from Ecole Supérieure d’Assurance.
Both Olivier and Alice will be based in BHSI’s office in Paris.

© 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 Appoints Dr. Carsten Keune as Head of Executive & Professional Lines in Germany

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Berkshire Hathaway Specialty Insurance has appointed Dr. Carsten Keune as Head of Executive & Professional Lines in Germany.

“Carsten comes to BHSI with decades of experience in the global insurance industry. Under his leadership, we look forward to expanding our Executive & Professional Lines portfolio and our team, and bringing more customers across Germany BHSI’s broad range of financial lines solutions, backed by our financial strength and excellent service,” said Andreas Krause, Country Manager, Germany, BHSI.

Carsten has more than twenty years of industry experience. He was most recently Head of Global Commercial Lines Underwriting at ERGO. Before that, he was Underwriting Director Europe, Middle East and Africa at XL Catlin in Germany. He holds a law degree from Rheinische Friedrich-Wilhelms-Universität in Bonn.

BHSI in Germany offers a wide range of insurance solutions for Financial Lines Business including Commercial D&O and Public Offering of Securities Insurance (POSI), Financial Institutions D&O and Professional Indemnity, and adjacent lines of business to corporate customers in Germany, Switzerland and Austria.

© 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 Appoints Property Leadership in Middle East & Asia

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Berkshire Hathaway Specialty Insurance Berkshire Hathaway Specialty Insurance has appointed Kapil Palathinkal as Head of First Party Lines, Middle East, and Carlos Beltran as Head of First Party Lines, Asia, overseeing General Property, Energy and Construction.

“We are pleased to round out our regional property leadership with the promotions of Kapil and Carlos, two experienced leaders who will further build on their valuable contributions to BHSI and our customers,” said Marc Breuil, Head of Asia Middle East, BHSI. “Along with our financial strength, underwriting acumen, and CLAIMS IS OUR PRODUCT philosophy, BHSI offers customers the advantage of a consistent, stable approach to energy, construction and general property risks worldwide.”

Kapil, who is based in Dubai, joined BHSI in 2018 as Head of Energy & Construction. He has more than a decade of experience with construction, energy and engineered risks and is trained as a chemical engineer.

Carlos, who has more than two decades of industry experience, came to BHSI in 2018 as Head of General Property for the Middle East. In his new role, he will be based in Singapore.

© 2020 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway and BYD, 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.

Berkshire Hathaway Specialty Insurance Appoints National Product Line Leaders for UK, Opens New Office in Manchester

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Berkshire Hathaway Specialty Insurance has appointed Irfan Esa as UK National Property Manager, Gemma McKenzie, as UK National Casualty Manager, and James Burke as UK National Executive & Professional Lines Manager. All three will be based out of BHSI’s newly established office in Manchester.

“We are pleased to expand our on-the-ground capabilities in the UK, installing stellar product leadership and the foundation to continue to grow our team in our new office in Manchester,” said Chris Colahan, Head of UK & Europe, BHSI. “With this leadership team, coupled with Mark Walker, Head of Customer & Broker Engagement for the UK, we look forward to expanding our local market relationships – and spreading BHSI’s clear-cut, customer-focused underwriting and CLAIMS IS OUR PRODUCT philosophy to customers throughout the UK.”

Irfan comes to BHSI with more than 17 years of experience in technical property underwriting in the UK. Gemma brings more than 20 years of UK casualty underwriting experience to her role at BHSI. James has 16 years of industry experience spanning all financial lines in the UK.

BHSI in Manchester is initially providing property, casualty and executive & professional lines with a large account focus in the region. In collaboration with specialty teams in BHSI’s London office, the new Manchester office will also offer a full spectrum of additional coverages in the UK, including marine, transactional liability, construction, and life sciences coverages.

© 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 Appoints New Head of Claims in Germany

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Berkshire Hathaway Specialty Insurance (BHSI) has named Katrin Thiel as Head of Claims in Germany.

“We are pleased to have Katrin leading our claims operation in Germany. With her extensive experience and expertise, she is an excellent ambassador of our Claims is our Product philosophy and will ensure our customers receive the best possible claims service, delivered with great care and compassion,” said Andreas Krause, Country Manager, Germany, BHSI.

Katrin comes to BHSI with nearly 20 years of industry experience. She was most recently Head of Claims at AXA Corporate Solutions in Germany. She holds a law degree from the University of Cologne.

Katrin is based in BHSI’s office in Cologne.

© 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.