Berkshire Hathaway Specialty Insurance (BHSI), a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway, has set up a new office in Frankfurt, Germany as it looks to further grow its business in the country.
The company already has offices in Cologne and Munich.
BHSI said underwriters from across all product lines, including property, casualty, and executive & professional lines, as well as risk engineers, will be based in Frankfurt.
“ BHSI is committed to building long-term relationships by providing sustainable technical underwriting solutions and excellent service,” said Andreas Krause (pictured), country manager, Germany.
“Being close to our customers in the important financial center of Frankfurt will advance these efforts and is especially important now, with our team and our insurance portfolio growing so substantially in Germany.”
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