Tag: BHSI

Berkshire Hathaway insurance expands commercial offerings into the Middle East

Logan B.
Warren Buffett Berkshire Hathaway insurance business

Warren Buffet’s company has announced its intentions to establish a new office in Dubai. Berkshire Hathaway insurance business is headed for expansion into the lucrative Middle East market. It will be opening a new office in Dubai in order to manage the operations of its commercial products there. Berkshire Hathaway Specialty Insurance (BHSI) released an official statement regarding the decision. The new Berkshire Hathaway insurance office is located in the Dubai International Finance Center (DIFC) and will finally be able to open. The office had been awaiting approval from regulators…

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New miscellaneous professional liability insurance from Berkshire Hathaway

Julie Campbell
Professional Liability Insurance Claims

This MPL product from the BHSI Professional First line has been launched in Canada. Berkshire Hathaway Specialty Insurance (BHSI) has now announced the launch of their new Professional First™ Miscellaneous Professional Liability Insurance that can be purchased within Canada. This new type of liability insurance product offers professionals coverage against a range of accusations. According to the descriptions of the new BHSI miscellaneous professional liability insurance policy, it allows professionals to cover themselves and their services firms against allegations of errors or omissions, negligent acts, neglect, misleading statements, misstatements, breach…

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Berkshire Hathaway Specialty Insurance makes two critical appointments in Asia

Julie Campbell
berkshire hathaway specialty insurance industry

The company has now announced its hiring for two key underwriting team leadership positions in that market. Berkshire Hathaway Specialty Insurance (BHSI) has now announced that it has made two important appointments for the leadership positions in its Asian underwriting team, as the Asia regional head of first party lines position was filled by Malin Fredriksson, and the Asia regional head of engineering and construction is now Kiran Prakash. Both of those positions are located in Singapore and will be integral to the company’s presence there. Fredriksson has joined Berkshire…

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Berkshire Hathaway makes insurance news with license in Singapore

Julie Campbell
Warren Buffett Berkshire Hathaway Insurance industry

The company has now won the permit that it needs to sell nonlife coverage within the country. In insurance news that represents a first for Berkshire Hathaway in terms of opening up shop in Asia for nonlife products, Warren Buffett’s conglomerate has now won a license to sell in Singapore, representing a first step that the company is taking in a broader expansion across that region. The license in the South East Asian country was awarded to Berkshire Hathaway Specialty Insurance. The company behind this insurance news provides a range…

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