Berkshire Hathaway Specialty Insurance enters Spain, hires leader from RSA
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its global footprint by opening a new office in Madrid, and hired its country manager from RSA Spain.
BHSI Spain will initially underwrite property, casualty, financial lines, construction and engineering insurance, and intends to expand its product lines and services in in the future.
The company has named Ignacio Almazan as country manager in Spain.
Almazan comes to BHSI with more than 20 years of insurance industry experience. For the past decade, he served as country manager for RSA Spain. Prior to that, he was sub-director of the energy department at Willis Spain, and leader of the energy department at Aon Spain. He began his insurance industry career as a risk engineer, then a C&E underwriter, at Royal & Sun Alliance Spain.
“Putting down roots in Spain enhances our ability to service both local customers and multinationals in Europe,” said Chris Colahan, president, BHSI, UK and Europe. “Ignacio has extensive experience in the Spanish marketplace and we are excited to have him leading our effort to build our local presence and relationships.”
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
Nephila looks to cut Lloyd's cost using automation technology
Starr Insurance restructures western US operations
‘Dive In’ to highlight importance of gender balance and mental health worldwide
Underwriting Losses and economic volatility hold back Turkish insurers, finds ratings agency
Zurich unveils new group chief risk officer
Management reshuffle at Italian insurer HDI Global
DARAG poaches new group COO from Zurich
Feature: 10 ways insurers are using insurtech to drive new business
