Berkshire Hathaway enters new market with SCOR, QBE, AXA XL hires
Berkshire Hathaway Specialty Insurance (BHSI) is expanding into the property construction insurance market in the UK and Ireland.
BHSI has appointed Simeon Seamer to lead the effort as head of property construction, UK and Ireland.
Seamer was most recently EMEA head of construction & senior underwriter at SCOR Global P&C. Prior to that, he was senior construction underwriter at Zurich Global Corporate UK.
In addition to property construction, BHSI will now offer CAR (Contractors’ All Risks), liability and professional indemnity coverages in the UK and Ireland.
BHSI’s construction team for the UK and Ireland will also include James Emson, VP of casualty, who joins BHSI from QBE in Hong Kong, and Farhad Dabestani, senior underwriter, professional indemnity, who comes to BHSI from AXA XL.
“With the current uncertainty surrounding available capacity for the construction industry in London, BHSI is pleased to provide a stable, reliable solution. We enter the property construction market with substantial capacity backed by stellar financial strength, BHSI’s long-view market commitment, and the expertise of Simeon to lead our growing team,” said Chris Colahan, head of UK and Europe, BHSI.
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