Category: Berkshire Hathaway Specialty Insurance

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Berkshire Hathaway Specialty Insurance

Berkshire Hathaway Specialty Insurance Expands Local Property Team in France

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has expanded its property team in France with the addition of Jean-François Leandri as Risk Control Consultant.

“Jean François’s extensive risk control consulting expertise significantly enhances our property underwriting and service for customers across France and Belux ” said François-Xavier d’Huart. “We are pleased to welcome him to our team, while we continue to expand both our local underwriting and services in the region.”

Trained as both a boiler & machinery and fire prevention consultant, Jean-François has nearly 25 years of engineering experience. He spent the last 17 years as District Manager at Global Risk Consultants, where he led a Paris-based technical team responsible for risk consulting on a range of occupancies across portions of Europe and Africa. He began his carrier as Field Engineer at UAP Kemper HPR Company.

© 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.

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Berkshire Hathaway Specialty Insurance Insurance

Berkshire Hathaway Specialty Insurance Names Dubai-based Alessandro Cerase to Global Property Underwriting Officer Team

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has expanded its Global Property Underwriting Officer team to include Alessandro Cerase, who will focus on General Property, Energy and Construction. Alessandro will also retain his role as Senior Executive Officer (SEO) for BHSI’s Middle East region.

“With our property portfolio growing worldwide, it is the perfect time to expand our global property leadership team, led by Dean LaPierre, and to expand Alessandro’s invaluable contributions to BHSI globally,” said David Fields, Global Chief Underwriting Officer, BHSI. “This move is indicative of the strength and depth of BHSI’s team, not only in property but across all our lines of business — and of the excellent advancement opportunities available for BHSI teammates around the globe.”

Alessandro joined BHSI as SEO for the Middle East in 2018. A chemical engineer by background, he has more than 20 years of experience with energy and technical risks. As he assumes his additional responsibilities, Alessandro will remain based in Dubai.

© 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.

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Berkshire Hathaway Specialty Insurance Insurance

Berkshire Hathaway Specialty Insurance Expands Offerings for UK Financial Institutions, Launches D&O and Civil Liability Policies

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has introduced two new policies tailored expressly for UK financial institutions: Professional First Financial Institutions Civil Liability Insurance, and Executive First Financial Institutions D&O Liability Insurance.

Both policies clearly articulate broad coverage for liability exposures faced by large financial institutions. In an era where managing reputational risk is critical, both policies also include coverage to support crisis management and offer expansive coverage for investigations.

“Executives and professionals across Europe face significant liability exposures, and a volatile market for coverage. BHSI is pleased to provide UK financial institutions with the certainty of broad, clearly-written coverage, backed by the financial strength, stability and claims service of BHSI,” said Thomas Dilley, Head of Financial Institutions, BHSI, UK & Ireland.

Professional First Financial Institutions Civil Liability Insurance includes state-of-the-market features such as continuity coverage and express coverage for claims arising from breaches of privacy. Executive First D&O Liability Insurance includes key features designed to ensure the most reliable coverage for individuals, from automatic reinstatement of Side A limits, to an unlimited discovery period for retired executives.
Last year, BHSI introduced Professional First Asset Management Liability Insurance in the UK and Ireland.

© 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.

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Berkshire Hathaway Specialty Insurance Insurance

Berkshire Hathaway Specialty Insurance Introduces Management Liability & Association Liability Policies in New Zealand

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance Company expanded its Executive & Professional Lines offerings in New Zealand with the introduction of Management Liability and Association Liability Insurance policies.

“BHSI’s new Management Liability and Association Liability policies reflect our commitment to providing broad coverage in simple, concise wordings to address the multifaceted management liability risks of today’s world,” said Cameron McLisky, Head of Executive and Professional Lines, Australasia. “They also allow us to provide private company and non-profit organizations with sound solutions backed by BHSI’s financial strength and commitment to claims handling excellence.”

BHSI’s Management Liability policy is designed to address the wide range of claims private companies can face. Brokers and Insureds can customize coverage to include Directors & Officers Liability, General Liability, Statutory Liability, Employers Liability, Employment Practices Liability and/or Fidelity Insurance.

The Association Liability policy offers non-profit organizations similar flexibility and coverage tailored to their needs, with the addition of Professional Indemnity protection.

© 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.

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Berkshire Hathaway Specialty Insurance Insurance

Berkshire Hathaway Specialty Insurance Appoints Michael Pille Head of Healthcare Underwriting in Germany

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has promoted team member Michael Pille to head its fast-growing healthcare underwriting operation and team in Germany.

“As Head of Healthcare, Michael will lead our effort to service the German healthcare market and expand our local healthcare team,” said Andreas Krause, Country Manager for Germany, BHSI. “In this newly created position, Michael will elevate our ability to deliver innovative professional liability solutions for the healthcare industry, including novel SIR (stop loss) alternatives, backed by BHSI’s underwriting expertise and commitment to claims handling excellence.”

Michael, who has more than a decade of underwriting experience in the German market, joined BHSI in 2017 as Senior Underwriter, Liability. He holds a bachelor’s degree in Insurance Management and a master’s Degree in Insurance Law from Cologne University of Applied Science. Michael is a Fellow of the Chartered Insurance Institute.

© 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.

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Berkshire Hathaway Specialty Insurance Insurance

Berkshire Hathaway Specialty Insurance Rolls Out Professional First Technology Liability Insurance in Australia and New Zealand

(BRK.A), (BRK.B)

Berkshire Hathaway Specialty Insurance has launched Professional First Technology Liability Insurance policies in Australia and New Zealand. Both policies clearly articulate broad, customizable professional liability protection for the full scope of services provided by technology and tech-related firms.

“BHSI is committed to simplicity and that is evident in these easy-to-navigate policy forms which are readily tailored to the individual needs and exposures of technology firms and backed by BHSI’s financial strength,” said Cameron McLisky, Head of Executive & Professional Lines for Australasia at BHSI. “We take a partnership approach to this market, with our brokers and customers collaborating with our decision makers, from underwriting, to claims service.

With BHSI’s Professional First Technology Liability Insurance, customers choose any or all of three separate towers to secure professional indemnity, cyber and general liability covers. Limits and coverage can be structured to address the individual needs and preferences of a wide variety of tech firms, including those involved in software design and development, systems integration, technology consulting, telecommunications and IT training.

© 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.

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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.

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Berkshire Hathaway Specialty Insurance

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.

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Berkshire Hathaway Specialty Insurance

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.

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Berkshire Hathaway Specialty Insurance Insurance

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.