Berkshire's BHSI to offer transactional liability insurance in Asia, Middle East; hires senior leader from Pembroke
Berkshire Hathaway Specialty Insurance Company (BHSI) has launched its transactional liability insurance offering in Asia and the Middle East (AME) under the leadership of a new senior hire from Pembroke.
BHSI has appointed Steven Harwood as the head of transactional liability in AME. He joins from Pembroke Managing Agency Underwriting at Lloyd’s Japan, where he was senior underwriter & solicitor, M&A Insurance.
BHSI will focus primarily on providing representations and warranties insurance as well as tax liability insurance across AME. The company currently provides transactional liability coverage from offices in the US, Canada and the UK.
“Properly navigating the risks of corporate transactions is critical to growing companies and industry leaders alike,” said Marc Breuil, head of AME, BHSI. “This expansion enhances our ability to provide transactional liability underwriting expertise and know-how through our regional hubs of Singapore, Hong Kong, and Dubai.”
Breuil added: “Steve Harwood has extensive experience helping companies respond swiftly and strategically to the risks of mergers, acquisitions and other transactions, and we are delighted that he has joined BHSI.”
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
More of today's news
Generali acquires Munich Re ERGO's subsidiaries in Hungary and Slovakia
11 cross-border reinsurers secure special approval from India's regulator IRDAI
QBE's Zortman joins AIG as CEO of private client group
‘Balanced’ ESA review praised by Luxembourg asset management and investment funds
Early Atlantic Hurricane forecast predicts activity 20% below long-range norm
