Tag: BHSI

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Berkshire Hathaway Specialty Insurance (BHSI) has announced its entry into the surety market in Ireland, marking a further expansion of its capabilities in the region. As part of this move, the company has appointed Sean Mulvey as Head of Surety to lead the new product line.

BHSI aims to provide surety bonding solutions to leading construction firms involved in major national and international projects across Ireland. According to Caoimhe Gormley, Country Manager for Ireland, the combination of Mulvey’s experience and the company’s strong financial position will offer clients greater certainty and stability as they pursue large-scale opportunities and deliver critical infrastructure.

Mulvey brings over a decade of experience in surety underwriting and corporate banking to the role and will be based in Dublin.

© 2026 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 appointed Rory O’Broin as Global Head of Transactional Liability, strengthening its leadership team amid growing demand for specialized risk solutions in global dealmaking.

Announcing the appointment, Hilary Browne, Global Chief Underwriting Officer at BHSI, said the company is pleased to welcome O’Broin and highlighted the significant contribution he is expected to make to the global transactional liability business. She noted that the move reflects BHSI’s ongoing commitment to enhancing its global capabilities in a rapidly evolving market and delivering tailored, high-quality solutions to clients.

O’Broin brings extensive international experience spanning M&A transactional liability, contingent risk, and tax liability insurance. He also offers deep legal expertise in supporting complex cross-border transactions. He will be based in the company’s London office.

© 2026 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 the appointment of Marcus Portbury as Regional President, Asia Middle East (AME), reinforcing its leadership presence across the region. Subject to regulatory approval, Portbury will also assume the role of Chief Executive of the company’s Hong Kong Branch.

Portbury succeeds Marc Breuil, who is retiring from both the company and the insurance industry after a distinguished career.

Peter Eastwood, President and CEO of BHSI, said Portbury has been instrumental in expanding the company’s footprint across Asia and the Middle East since its regional launch. He credited Portbury with upholding BHSI’s underwriting discipline, financial strength and commitment to customer service.

Eastwood also paid tribute to Breuil’s leadership, noting that he helped establish a strong and stable portfolio while building a high-performing team across the region.

Portbury joined BHSI in 2014 and most recently served as Regional Head of Third-Party Lines, Asia. With more than 30 years of insurance industry experience — including over two decades in senior leadership roles across Asia — he will continue to be based in Hong Kong.

© 2026 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 three promotions within its property leadership team, appointing Ryan Abelli and Chris Lemoine as Co-Heads of Wholesale General Property and naming JP Ahlgren as Senior Vice President, Property.

Abelli and Lemoine step into their new roles following the retirement of Chris Dalby, who spent more than a decade with the company. Greg Freeman, SVP and Head of Property at BHSI, credited the trio with playing a key role in building the insurer’s wholesale general property business and strengthening its national distribution network. He also recognized Dalby’s foundational leadership in establishing the property division from its early days.

Abelli joined BHSI in 2013 and brings 18 years of property underwriting experience, most recently serving as Senior Vice President, Wholesale Property. Lemoine, also hired in 2013, has 19 years of underwriting experience and likewise most recently held the role of Senior Vice President, Wholesale Property. Both are based in Boston.

Ahlgren, who joined BHSI in 2014, has 18 years of property underwriting experience. In his expanded position, he will oversee day-to-day field underwriting operations and report to Abelli. He is also based in Boston.

© 2026 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 the promotion of Kim Schumacher to Head of General Property in Germany, reinforcing its leadership team in the region.

In her new role, Schumacher will oversee BHSI’s general property business in Germany, drawing on nearly 20 years of insurance industry experience. She joined BHSI in 2024 as Senior Property Underwriter and brings extensive expertise in complex property and technical lines risks.

Commenting on the promotion, Andreas Krause, Head of DACH at BHSI, said Schumacher combines strong technical knowledge with a shared commitment to high-quality service for customers and brokers, as well as BHSI’s “Claims is Our Product” philosophy, from underwriting through claims.

Schumacher continues to be based in Hamburg. In Germany, BHSI offers all-risk and technical property insurance, including machinery breakdown and Difference in Conditions/Difference in Limits coverage, as well as specialty property solutions such as terrorism, cyber, contingent business interruption, and BH FastCAT parametric insurance.

© 2026 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 the promotion of Frederic de Blieck to Country Manager, Belgium, expanding his responsibilities beyond his current role as Head of Executive & Professional (E&P) Lines, Belgium.

“Frederic has demonstrated both the excellent capabilities and strong character we value in our team and our leaders,” said Louis du Ché, Country Manager for France. “His appointment reflects our commitment to building the finest insurance business in Belgium—grounded in strong character, profitable growth, and long-term partnerships with customers and brokers.”

Du Ché praised the team’s efforts in establishing BHSI’s presence in Belgium and highlighted de Blieck’s key role in that expansion.

De Blieck joined BHSI in 2022 as Head of E&P Lines and brings nearly 20 years of experience in the insurance industry, specializing in financial lines. Based in Brussels, he will report to Louis du Ché in his new position as Country Manager for Belgium.

© 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 expanded its global Accident & Health (A&H) offerings with the launch of Group Personal Accident and Business Travel Insurance in the UK. This new initiative strengthens BHSI’s commitment to employee safety and risk management, aligning with the growing global emphasis on workforce wellbeing.

“Employee safety and wellbeing are strategic priorities for companies worldwide, and BHSI is pleased to bring our robust A&H solutions to organizations across the UK,” said Nick Major, Country Manager for BHSI in the UK. “Today’s complex travel landscape demands a holistic and agile approach to risk management – precisely what BHSI delivers.”

The new coverage is designed to address both everyday and emerging risks associated with business travel, offering tailored protection for companies of all sizes in the UK. Key features include real-time risk alerts, traveler tracking, and emergency services through Healix International. Employees covered under the Group Personal Accident policy also gain access to Teladoc Health UK’s virtual services, including 24/7 GP consultations, expert second medical opinions, and mental health support.

Leading the UK A&H product line is Toni LePine, Head of Accident & Health, UK, with Tom Keeble serving as Senior Underwriter, A&H. Both bring extensive experience and a commitment to building strong relationships with brokers and customers across the UK and Europe. The team is based in BHSI’s London office.

© 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 named Anna Spink as Head of Marine, Australasia.

“Anna’s underwriting expertise, strong customer and broker relationships, and proven track record of service underpin our ambition to grow our Ocean and Inland Marine specialty portfolio,” said Mark Lingafelter, President of BHSI, Australasia.

Spink, who joined BHSI in 2018, previously served as National Manager, Corporate Property, in Australia. She brings nearly 35 years of insurance experience across the UK and Australian markets.

In her new role, she will oversee Marine Cargo, Marine Liability, Marine Hull, Pleasure Craft, Plant and Equipment, General Property, and Heavy Motor portfolios. Spink is based in Sydney.

© 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 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.