Berkshire’s BHSI nabs AIG talent to lead transactional liability
Berkshire Hathaway Specialty Insurance (BHSI), a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway, has bolstered its transactional liability unit with a senior hire from AIG.
Louis Bidmead (pictured) joins BHSI as head of transactional liability insurance for Asia and the Middle East.
In this role, Bidmead will work with BHSI’s global transactional liability team to provide BHSI’s comprehensive line of coverages to manage the risks of mergers, acquisitions, and other corporate transactions. Based in Singapore, he will report to Scotland Walsh-Riddle, head of executive & professional liability for Asia, BHSI.
Bidmead joins BHSI from AIG, where he worked as a senior underwriter, providing warranty & indemnity insurance solutions for more than seven years. Prior to that, he practiced as a lawyer specialising in M&A transactions and corporate advisory at law firms Herbert Smith Freehills and Clifford Chance.
“BHSI continues to expand our transactional liability portfolio in Singapore and throughout Asia and the Middle East,” said Scotland. “Louis has extensive knowledge of the intricacies of M&A transactions, and I am excited to have him leading our team as we deliver tailored and timely solutions for customers.”
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